Overall market sentiment has been high on HCI Group Inc (HCI) stock lately. HCI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
HCI Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HCI!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With HCI Stock Today?
HCI Group Inc (HCI) stock is trading at $86.38 as of 11:07 AM on Friday, Nov 24, a gain of $0.68, or 0.79% from the previous closing price of $85.70. The stock has traded between $86.03 and $87.01 so far today. Volume today is less active than usual. So far 9,981 shares have traded compared to average volume of 111,628 shares.
More About HCI Group Inc
HCI Group Inc is primarily engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are HCPCI insurance operations, TypTap Group, Real estate operations, and Corporate and other. It derives key revenue from the HCPCI Insurance operation segment.
Click Here to get the full Stock Report for HCI Group Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
