On the other hand the company has Relative Strength Index (RSI 14) of 27.27 along with Average True Range (ATR 14) of 2.68, Consequently Health Insurance Inn (NASDAQ:HIIQ)'s weekly and monthly volatility is 16.01%, 8.20% respectively. That suggests something of the likelihood of a short squeeze in shares of HIIQ.
A number of research firms have issued reports on HIIQ.
Health Insurance Innovations, Inc. shares decreased -11.14 percent over the past week and fell -3.55 percent over the previous month.
Among 6 analysts covering Health Insurance Innovations Inc (NASDAQ:HIIQ), 5 have Buy rating, 0 Sell and 1 Hold. Analysts set a 12-month price target of $1.5 a share. TheStreet raised shares of Health Insurance Innovations from a "c" rating to a "b-" rating in a research report on Monday, May 22nd. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Of the 30 analysts surveyed by Reuters that track FTNT 8 of them rate its stock a hold. Craig Hallum reissued a "buy" rating and issued a $38.00 price objective (up previously from $28.00) on shares of Health Insurance Innovations in a research report on Thursday, August 3rd. The stock's market capitalization is 246.26M. The firm has a 50 day moving average price of $31.66 and a 200-day moving average price of $22.74.
Health Insurance Innovations, Inc. has a 12 month low of $4.00 and a 12 month high of $37.38.
Health Insurance Innovations (NASDAQ:HIIQ) last released its earnings results on Wednesday, August 2nd. A total volume of 9.11 million shares were traded versus to average volume of 0.53 million shares. It has a return on equity (ROE) of 19.80%. The Hussman Strategic Advisors Inc holds 3,800 shares with $135,000 value, down from 103,800 last quarter. The business's quarterly revenue was up 38.9% on a year-over-year basis.
Analyst mean recommendation rating on a stock by the analyst community is at 1.90. If you are accessing this piece of content on another domain, it was stolen and republished in violation of USA and worldwide copyright and trademark law. The correct version of this piece of content can be accessed at https://stocknewstimes.com/2017/09/12/health-insurance-innovations-inc-hiiq-raised-to-buy-at-valuengine.html.
05/14/2015 - Health Insurance Innovations, Inc. was downgraded to "sell" by analysts at Zacks. Of those transactions, there were 391,329 shares of HIIQ bought and 4.03 million shares sold. Clarivest Asset Llc invested in 13,308 shares or 0.01% of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Dividends are mostly given in terms of cash payments, property or as shares of stock. Following the completion of the acquisition, the director now directly owns 34,734 shares of the company's stock, valued at approximately $1,049,314.14. The disclosure for this sale can be found here. The P/E Ratio measures its current share price relative to its per-share earnings. Morgan Stanley now owns 70,397 shares of the financial services provider's stock worth $1,127,000 after acquiring an additional 49,703 shares during the period.
03/03/2017 - First Analysis began new coverage on Health Insurance Innovations, Inc. giving the company a "overweight" rating. Dialectic Capital Management LP now owns 496,300 shares of the financial services provider's stock worth $7,941,000 after acquiring an additional 141,083 shares during the period. The Company's STM plans are provided up to six months, 11 months, or 364 days of health insurance coverage with a range of deductible and copay levels.
Health Insurance Innovations, Inc.is a developer, distributor and cloud administrator of individual and family health insurance plans and supplemental products, which include short-term medical (STM) insurance plans, and guaranteed-issue and underwritten hospital indemnity plans. Hedge funds and other institutional investors own 90.32% of the company's stock. It dropped, as 10 investors sold Health Insurance Innovations Inc shares while 9 reduced holdings.