Health Insurance Innovations, I (NASDAQ:HIIQ) is at $20.85 with a low of $18.45 and a high of $21.75. This range of trading qualifies the stock as one of the most volatile of the day.
It is currently trading at $20.85 a tad below the 50 day moving average which is $21.32 and much lower than the 200 day moving average of $23.31. The 50 day moving average was down $-0.47 or -2.22% and the 200 day average moved down $-2.46.
Health Insurance Innovations, I in recent headlines.
Short traders are more bearish on Health Insurance Innovations, I lately if you take a look at the motion in short interest. The stock experienced a rise in short interest from September 15, 2017 to September 29, 2017 of 34.54%. Short shares grew from 2,766,888 to 3,722,537 over that timeframe. The short-interest ratio increased to 2.0 and the percentage of shorted shares is 0.32% as of September 29.
Earnings Per Share
The company’s P/E ratio is 16.87 and the market value is 259.98M. As of the last earnings report the EPS was $1.24 and is projected to be $1.57 for the current year with 12,469,000 shares outstanding. Next quarter’s EPS is estimated at $0.37 and the next full year EPS is projected to be $1.85.
Health Insurance Innovations, Inc., launched on October 26, 2012, is a developer, distributor and cloud-based administrator of individual and family health insurance plans (IFPs) and supplemental products, which include short-term medical (STM) insurance plans, and guaranteed-issue and underwritten hospital indemnity plans. The Company also develops, distributes and administers supplemental products, which include a range of additional insurance and non-insurance products, such as pharmacy benefit cards, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and life insurance policies that are purchased as supplements to IFP. The Business’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. Individual major medical (IMM) plans cover prescription drugs, pre-existing conditions and preventive care, while STM plans provide optional coverage for prescription drugs. Its hospital indemnity plans provide individuals with a daily cash benefit for hospital treatment and doctor office visits, as well as accidental injury and death or dismemberment benefits..