United Insurance Holdings Corp (NASDAQ: ACIC) stock enjoyed a major increase of 22.2% on 10/24/24. The shares closed at $12.65. Moreover, this advance was accompanied by exceptionally high trading volume at 391% of normal. The stock has risen 15.7% during the last week and has performed in line with the market over the last nine months.
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 C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. United Insurance Holdings has a neutral Appreciation Score of 54 and a neutral Power Rating of 44, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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