Health Insurance Innovations, Inc. (HIIQ) was a big mover last session, as its shares rose roughly 21% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company since Mar 12, as it is trading above the volatile price range of $9.55 to $11.93.
In the last 30 days, the company witnessed one negative estimate revision and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Health Insurance Innovations currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the life insurance industry include Torchmark Corporation (TMK), Primerica, Inc. (PRI) and Fidelity & Guaranty Life Common (FGL). All three carry a Zacks Rank #2 (Buy).
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