FedNat Holding Co Shares Fall 7.7% Below Previous 52-Week Low - Market Mover
FedNat Holding Co (FNHC) shares closed 7.7% lower than its previous 52 week low, giving the company a market cap of $54M. The stock is currently down 47.5% year-to-date, down 69.6% over the past 12 months, and down 83.5% over the past five years. This week, the Dow Jones Industrial Average rose 0.9%, and the SP 500 rose 0.6%. Trading Activity Trading volume this week was 3.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.6. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39
FedNat Holding Co Shares Fall 7.7% Below Previous 52-Week Low - Market Mover
FedNat Holding Co (FNHC) shares closed 7.7% lower than its previous 52 week low, giving the company a market cap of $54M. The stock is currently down 47.5% year-to-date, down 69.6% over the past 12 months, and down 83.5% over the past five years. This week, the Dow Jones Industrial Average rose 0.9%, and the SP 500 rose 0.6%. Trading Activity Trading volume this week was 3.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.6. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39