United Insurance Holdings Corp. (UIHC) was a big mover last session, as the company saw its shares nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 18.16% since Dec 13.
The company has seen one positive revision in the past 30 days. The Zacks Consensus Estimate also moved up during the same time frame, suggesting that more solid trading could be ahead for United Insurance. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
United Insurance Holdings sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is positive.
Investors interested in the property and casualty insurance industry may also consider stocks like Alleghany Corporation (Y), Allied World Assurance Company Holdings, AG (AWH) and Cincinnati Financial Corp. (CINF). All these stocks sport the same Zacks Rank as United Insurance.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
UNITED INSURANCE HOLDINGS CORP (UIHC): Free Stock Analysis Report
ALLEGHANY CORP (Y): Free Stock Analysis Report
ALLIED WORLD ASSURANCE CO HOLDIN (AWH): Free Stock Analysis Report
CINCINNATI FINANCIAL (CINF): Free Stock Analysis Report
Zacks Investment Research