Federated National Holding (FNHC) Jumps: Stock Up 7.1% – Tale of the Tape

Zacks

Federated National Holding Company (FNHC) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.92 to $24.56 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Federated National Holding carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

However, some better ranked stocks in the property & casualty insurance industry include AmTrust Financial Services, Inc. (AFSI), Endurance Specialty Holdings Ltd. (ENH) and Global Indemnity plc (GBLI). All these stocks sport a Zacks Rank #1 (Strong Buy).

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