Federated National Holding Co. (FNHC) was one of the Russell 2000's biggest losers for Monday January 11 as the stock slid 5.9% to $26.18, a loss of $-1.64 per share. Starting at an opening price of $27.78 a share, the stock traded between $26.18 and $27.85 over the course of the trading day. Volume was 95,885 shares over 872 trades, against an average daily volume of 90,215 shares and a total float of 14.23 million.
The losses send Federated National Holding Co. down to a market cap of $372.56 million. In the last year, Federated National Holding Co. has traded between $32.61 and $20.23, and its 50-day SMA is currently $29.64 and 200-day SMA is $26.63.
The stock has a P/E Ratio of 9.4.
Federated National Holding Co. is an insurance holding company controlling all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with independent agents and general agents.
Federated National Holding Co. is based out of Sunrise, FL and has some 219 employees. Its CEO is Michael H. Braun.
For a complete fundamental analysis analysis of Federated National Holding Co., check out Equities.com’s Stock Valuation Analysis report for FNHC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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