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.
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 UIHC Stock Today?
United Insurance Holdings Corp (UIHC) stock is trading at $3.03 as of 10:57 AM on Monday, Sep 20, a drop of -$0.12, or -3.81% from the previous closing price of $3.15. The stock has traded between $3.03 and $3.25 so far today. Volume today is low. So far 114,283 shares have traded compared to average volume of 365,137 shares.
To see InvestorsObserver's Sentiment Score for United Insurance Holdings Corp click here.
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.
Click Here to get the full Stock Report for United Insurance Holdings Corp stock.
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