Independence Holding Co. (New) (IHC) is Trading Higher on Unusual Volume for January 22

Equities Staff |

Independence Holding Co. (New) (IHC) experienced unusually high volume on Jan. 22, as the stock gained 3.81% to a closing price of $14.43. The stock saw 27,374 shares trade hands over the course of the day on 173 trades. Given that the stock’s average daily volume over the last month has been 17,015 shares a day, this represents a pretty substantial spike over the norm.

Independence Holding Co. (New) has a P/B ratio of 0.8. It also has a P/E ratio of 8.3. The stock has traded between $15.81 and $11.29 over the last 52-weeks, its 50-day SMA is now $14.30, and its 200-day SMA $13.19.

Independence Holding Co is an insurance holding company. The Company engages in the life and health insurance business. It provides specialized life and health coverage and related services to commercial customers and individuals.

Headquartered in Stamford, CT, Independence Holding Co. (New) has 600 employees and is currently under the leadership of CEO Roy T.K. Thung.

For a complete fundamental analysis analysis of Independence Holding Co. (New), check out Equities.com’s Stock Valuation Analysis report for IHC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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