Overall market sentiment has been high on United Insurance Holdings Corp (UIHC) stock lately. UIHC receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With UIHC Stock Today?
United Insurance Holdings Corp (UIHC) stock has gained 6.01% while the S&P 500 is lower by -2.37% as of 3:30 PM on Thursday, Feb 25. UIHC is up $0.36 from the previous closing price of $5.99 on volume of 184,773 shares. Over the past year the S&P 500 is higher by 22.51% while UIHC is lower by -37.81%. UIHC lost -$1.65 per share in the over the last 12 months.
More About United Insurance Holdings Corp
United Insurance Holdings Corp is a holding company primarily engaged in the residential and commercial property and casualty insurance business in the United States. The company sources write and service residential and commercial property and casualty insurance policies using a network of agents and four wholly-owned insurance subsidiaries. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners, as well as dwelling fire policies. It also provides commercial multi-peril property insurance. In addition, it offers flood, equipment breakdown, and identity theft policies.