Universal Insurance Holdings Inc (UVE) was among the biggest gainers on the Russell 2000 for Thursday February 18 as the stock popped 5.12% to $18.67, representing a gain of $0.91 per share. Some 284,638 shares traded hands on 2,236 trades, compared with an average daily volume of 1.02 million shares out of a total float of 35.6 million. The stock opened at $17.75 and traded with an intraday range of $18.75 to $17.70.
After today's gains, Universal Insurance Holdings Inc reached a market cap of $664.66 million. Universal Insurance Holdings Inc has had a trading range between $37.49 and $15.86 over the last year, and it had a 50-day SMA of $19.78 and a 200-day SMA of $24.99.
The stock has a P/E Ratio of 6.5.
Universal Insurance Holdings Inc is a vertically integrated insurance holding company, which through its various subsidiaries, covers insurance underwriting, distribution, claims processing and exposure management.
Universal Insurance Holdings Inc is based out of Fort Lauderdale, FL and has some 335 employees. Its CEO is Sean P. Downes.
For a complete fundamental analysis analysis of Universal Insurance Holdings Inc, check out Equities.com’s Stock Valuation Analysis report for UVE. 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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