Alert: Major Price Advance (1/17/24)-United Insurance Holdings Corp (NASDAQ: UIHC).

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On 1/17/24, United Insurance Holdings Corp (NASDAQ: UIHC) stock enjoyed a major increase of 20.3%, closing at $11.90. Moreover, trading volume in this advance was exceptionally high at 463% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 18.2% during the last week.

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Current PriceTarget Research Rating

UIHC is expected to continue to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

United Insurance Holdings is currently unrated.

Rating Review

The stock is currently unrated.

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