Investors Title Company (ITIC) Moves Lower on Volume Spike for February 13

Equities Staff  |

Investors Title Company (ITIC) traded on unusually high volume on Feb. 13, as the stock lost 1.23% to close at $191.00. On the day, Investors Title Company saw 3,321 shares trade hands on 63 trades. Considering that the stock averages only a daily volume of 2,103 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $221.88 and $126.00 over the last 52-weeks, its 50-day SMA is now $194.91, and its 200-day SMA $186.80. Investors Title Company has a P/B ratio of 2.09. It also has a P/E ratio of 14.3.

Investors Title Co is engaged in the issuance of residential and commercial title insurance through ITIC and NITIC. It also provides tax-deferred real property exchange services, investment management and trust services.

Headquartered in Chapel Hill, NC, Investors Title Company has 320 employees and is currently under the leadership of CEO J. Allen Fine.

For a complete fundamental analysis analysis of Investors Title Company, check out Equities.com’s Stock Valuation Analysis report for ITIC.

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To get more information on Investors Title Company and to follow the company’s latest updates, you can visit the company’s profile page here: ITIC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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