HCI Group Inc (NYSE: HCI) stock enjoyed a major increase of 13.8% on 3/8/24. The shares closed at $112.95. Moreover, trading volume in this advance was exceptionally high at 626% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 15.7% during the last week.
Current PriceTarget Research Rating
HCI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
HCI Group has a current Value Trend Rating of B (Positive). This VT Rating improved modestly in recent days from B previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. HCI Group has a slightly negative Appreciation Score of 40 but a very high Power Rating of 96, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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