Over the past three months, United Insurance Holdings Corp. [UIHC] ended the trading day at $4.47 and exhibited a change of -2.40% with a 24 hour trading and reached upto the volume of 78.65K compared to its recorded trading volume of 0.46 million. UIHC generated a 1 year amount change with -65.46%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -7.26% with an amount shift of -10.60% over the last month.

On 9, November 2020, United Insurance Holdings Corp. Declares Quarterly Cash Dividend of $0.06 Per Share. According to news published on Yahoo Finance, United Insurance Holdings Corp. (Nasdaq:UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors declared a cash dividend of $0.06 per share of common stock outstanding, payable in cash on November 30, 2020 to shareholders of record on November 23, 2020.

Analyst Birdseye View:

The most recent analyst activity for United Insurance Holdings Corp. [NASDAQ:UIHC] stock was on May 08, 2019, when it was Downgrade with a Market perform rating from Wells Fargo, which also lowered its 12-month price target on the stock from $19 to $17. Before that, on January 06, 2020, Wells Fargo Recapitulated an Underweight rating and elevated its amount target to $12.50. On November 05, 2018, Keefe Bruyette Downgrade a Mkt perform rating. On May 14, 2018, Raymond James Downgrade an Outperform rating. On August 09, 2017, JMP Securities Upgrade a Mkt perform rating. On February 09, 2017, Raymond James Upgrade a Strong buy rating. On November 02, 2016, JMP Securities Downgrade a Mkt underperform rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $4.34 and a peak of $13.20. Right now, according to Wall Street analyst the average 12-month amount target is $6.50. At the most recent market close, shares of United Insurance Holdings Corp. [NASDAQ:UIHC] were valued at $4.47. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

This publicly-traded organization’s revenue is $2,273,047 per employee, while its income is -$82,292 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -1.91, -5.84, -3.32 and -4.49 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 24.05 and the whole liability to whole assets at 9.67. It shows enduring liability to the whole principal at 22.36 and enduring liability to assets at 0.09 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 4.33 points at 1st support level, the second support level is making up to 4.18. But as of 1st resistance point, this stock is sitting at 4.66 and at 4.85 for 2nd resistance point.

United Insurance Holdings Corp. [UIHC] reported its earnings at -$1.95 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$1.9/share signifying the difference of -0.05 and -2.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.2 calling estimates for $0.02/share with the difference of 0.18 depicting the surprise of 900.00%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.65 and it’s amount to book ratio is 1.08.

Insider Stories

The most recent insider trade was by MARTZ BRAD, Chief Financial Officer, and it was the purchase of 2950.0 shares on May 26. Hogan Michael, the Director, completed a purchase of 682.0 shares on May 26. On May 26, POITEVINT ALEC II, Director, completed a purchase of 9900.0 shares.