Investors Title Company (ITIC) Settles Into New 52-Week Low on August 09 Session

Equities Staff  |

Shares of Investors Title Company (ITIC) sank into a new 52-week low yesterday, and could be a company to watch at the open. The company’s stock fell to as low as $0.00 yesterday after opening at $0.00. By the closing bell, the company's stock was at $197.68 a share for a gain of 0%.

While no company wants to see their stocks fall into a new 52-week low, opportune investors may have reason to celebrate. Bullish investors with a healthy tolerance for risk may view this as a chance to buy stocks as distressed prices before a bounce back. With that said, whenever a stock falls into new negative territory, there usually is a compelling reason for it. Investors bearish on the stock might see the stock reaching its lowest price in a year as a sign of growing downward momentum and take it as a good reason to sell their shares. Bulls, though, could likely see a new 52-week low as the stock hitting its low point and anticipate a recovery in the share price.

Investors Title Company saw 279 shares of its stock trade hands, that's out of 1.89 million shares outstand. The stock has an average daily volume of 2,694 shares. After hitting a new 52-week low, Investors Title Company enters the new trading day with a market cap of 372.95 million, a 50-day SMA of $186.69 and a 200-day SMA of $191.39

Investors Title Company now has a P/E ratio of 14.

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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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.

Investors Title Company has 383 employees, is led by CEO J. Allen Fine, and makes its home in Chapel Hill, NC.

Investors Title Company is also a component of the Russell 2000 Index, which is generally viewed as the most reliable indicator of the health of the broader small-cap market. Using a rules-based methodology, it creates a simple, unbiased view of how America's stable of smaller publicly traded companies are performing in the stock markets. The index consists of the 2,000 smallest companies of the 3,000 largest publicly-traded companies in the country as judged by market cap. It's constructed by Russell Investments, which also builds and maintains the Russell 3000 (an index consisting of all 3,000 biggest companies by market cap) and the large-cap Russell 1000 (which has the 1,000 largest companies from the Russell 3000).

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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