Root Inc. (NASDAQ: ROOT) is a Stock Spotlight on 5/1

Root, Inc. (NASDAQ: ROOT) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 21.74% on the day to $84.79.

Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.

So far today, approximately 1.17M shares of Root, Inc. have been exchanged, as compared to an average 30-day volume of 533.26k shares.

Root, Inc. share prices have moved between a 52-week high of $86.57 and a 52-week low of $4. The stock has moved 11.16% over the past week.

To learn more about Root, Inc., visit the company’s website at https://joinroot.com.

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