NMI Holdings Inc (NMIH) Jumps 7.94% on February 09

Equities Staff |

NMI Holdings Inc (NMIH) was among the biggest gainers on the Russell 2000 for Tuesday February 09 as the stock popped 7.94% to $4.76, representing a gain of $0.35 per share. Some 204,006 shares traded hands on 1,676 trades, compared with an average daily volume of 315,624 shares out of a total float of 58.74 million. The stock opened at $4.38 and traded with an intraday range of $4.78 to $4.19.

After today's gains, NMI Holdings Inc reached a market cap of $279.62 million. NMI Holdings Inc has had a trading range between $9.55 and $4.34 over the last year, and it had a 50-day SMA of $6.23 and a 200-day SMA of $7.54.

NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The Company offers two types of mortgage insurance; Primary mortgage insurance and Pool insurance.

NMI Holdings Inc is based out of Emeryville, CA and has some 225 employees. Its CEO is Bradley M. Shuster.

For a complete fundamental analysis analysis of NMI Holdings Inc, check out Equities.com’s Stock Valuation Analysis report for NMIH. 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.

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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Emerging Growth

MGX Minerals Inc.

MGX Minerals is a diversified Canadian mining company listed on the Canadian Securities Exchange. MGX is engaged in the acquisition and development of industrial mineral deposits in western Canada that…

Private Markets

Dropbox, Inc.

Dropbox is a service that allows their users to bring all photos, docs, and videos anywhere, and share them easily. Any file saved to Dropbox will automatically save to all…


Cloudera offers enterprises a new data platform built on the Apache Hadoop open-source software package. Hadoop is a data-management platform that can consolidate data in a single repository for comprehensive…