United Insurance Holdings Corp (NASDAQ: UIHC) stock enjoyed a major increase of 11.6% on 5/10/24. The shares closed at $12.18. Moreover, this advance was accompanied by exceptionally high trading volume at 259% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, UIHC is expected to continue to be a major Value Builder.
United Insurance Holdings has a current Value Trend Rating of A (Highest Rating). This VT Rating improved modestly in recent days from B previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. United Insurance Holdings has a neutral Appreciation Score of 53 but a very high Power Rating of 91, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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