Alert: Major Price Advance (1/17/24)-United Insurance Holdings Corp (NASDAQ: UIHC).

On 1/17/24, United Insurance Holdings Corp (NASDAQ: UIHC) stock enjoyed a major increase of 20.3%, closing at $11.90. Moreover, trading volume in this advance was exceptionally high at 463% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 18.2% during the last week.

UIHC is expected to continue to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
United Insurance Holdings is currently unrated.
The stock is currently unrated.