ICC Holdings, Inc. (NASDAQ:ICCH - Get Free Report) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 1,900 shares, a decrease of 9.5% from the November 15th total of 2,100 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.
Hedge Funds Weigh In On ICC
Institutional investors and hedge funds have recently made changes to their positions in the business. Oddo BHF Asset Management Sas purchased a new position in ICC in the 3rd quarter worth approximately $3,497,000. Gardner Lewis Asset Management L P bought a new position in shares of ICC in the second quarter worth approximately $2,594,000. Gabelli Funds LLC bought a new position in shares of ICC in the second quarter worth approximately $1,149,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of ICC in the second quarter worth $679,000. Finally, Bank of Montreal Can bought a new stake in ICC during the 2nd quarter valued at $532,000. Institutional investors own 46.50% of the company's stock.
ICC Price Performance
NASDAQ ICCH remained flat at $23.30 on Friday. 10,312 shares of the company's stock were exchanged, compared to its average volume of 9,419. The firm has a market cap of $73.16 million, a PE ratio of 10.50 and a beta of 0.32. ICC has a twelve month low of $14.78 and a twelve month high of $23.39. The stock has a 50 day moving average price of $23.10 and a 200-day moving average price of $22.51. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.21.
About ICC
(
Get Free Report)
ICC Holdings, Inc, together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin.
Read More
Before you consider ICC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ICC wasn't on the list.
While ICC currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.