UNIVERSAL INSURANCE HOLDINGS INC Looks to Continue to Trade Above its Annual-High Share Price Today

Shares of UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE) traded at a new 52-week high today of $16.88. This new high was reached on below average trading volume as 63,000 shares traded hands, while the average 30-day volume is approximately 123,000 shares.

UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE) is currently priced 65.4% above its average consensus analyst price target of $5.66.

Over the past year, UNIVERSAL INSURANCE HOLDINGS INC has traded in a range of $12.62 to $16.88 and is now at $16.36, 30% above that low.

Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.

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