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 $19.60. This new high was reached on below average trading volume as 87,000 shares traded hands, while the average 30-day volume is approximately 227,000 shares.

Based on a current price of $18.95, UNIVERSAL INSURANCE HOLDINGS INC is currently 63.6% above its average consensus analyst price target of $6.90.

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.

In the past 52 weeks, shares of UNIVERSAL INSURANCE HOLDINGS INC have traded between a low of $12.62 and a high of $19.60 and is now at $18.95, which is 50% above that low price.

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