Insurance Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
Insurance stocks experienced movement in Monday's intraday session. Trupanion, Lemonade, Fanhua, James River Group Holdings, eHealth, and Abacus Life were gainers, while Huize Holding, Maiden Holdings, Marpai, FG Financial Group, Tian Ruixiang Holdings, and International General Insurance were losers. Volume traded and market cap were highlighted for each, with some companies having recent earnings releases.
November 20, 2023 | 5:40 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
FG Financial Group stock fell 3.92% to $14.25 with a trading volume of 221 shares, 16.1% of its average volume.
The stock's decline on very low volume indicates a negative but limited impact due to the lack of significant investor interest.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 40
NEGATIVE IMPACT
Huize Holding stock declined by 5.36% to $1.06 with a trading volume of 14.6K, 90.3% of its average volume. The market cap is $57.3 million. Q3 earnings were released yesterday.
The decline in stock price following Q3 earnings suggests a negative market reaction, potentially leading to further short-term depreciation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Intl General Insurance stock decreased by 2.9% to $11.63, trading at 67.0K shares, 86.8% of its average volume. The market cap is $506.3 million. Q3 earnings were released 4 days ago.
The stock's decline after Q3 earnings with a high trading volume indicates a negative market reaction, which may persist in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Maiden Holdings stock fell 4.45% to $1.72, trading at 31.6K shares, 21.1% of its average volume. The market cap is $166.5 million.
The stock's decrease on lower than average volume indicates negative sentiment, which may continue to affect the stock negatively in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Marpai shares declined by 4.4% to $0.93 with a volume of 305.9K shares, 20.3% of its average volume. The market cap is $7.8 million.
The decrease in price on low volume suggests a lack of investor confidence, which could lead to further short-term declines.
CONFIDENCE 65
IMPORTANCE 40
RELEVANCE 50
NEGATIVE IMPACT
Tian Ruixiang Holdings shares fell 3.47% to $0.7 with a trading volume of 20.4K, 5.5% of its average volume. The market cap is $2.4 million.
The stock's price decrease on low volume suggests a negative outlook, but the low volume indicates that the impact may be minimal in the short term.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 40
NEUTRAL IMPACT
Abacus Life shares rose 3.65% to $6.53 on a volume of 312 shares, only 2.1% of its average volume. The market cap is $473.4 million.
The stock's gain on extremely low volume suggests a neutral short-term impact as investor interest appears limited.
CONFIDENCE 65
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
eHealth stock increased by 3.77% to $7.98, trading at 43.7K shares, 23.0% of its average volume. The market cap is $218.1 million.
The price increase despite lower trading volume indicates some investor confidence, but the lack of volume suggests caution in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Fanhua shares increased by 4.48% to $7.13 on a volume of 3.2K, 11.5% of its average volume, with a market cap of $421.8 million. Q3 earnings were released today.
The stock's gain following the Q3 earnings release indicates a positive market response, which may lead to further short-term appreciation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
James River Group Holdings stock rose by 4.14% to $9.24 with a trading volume of 192.7K, 68.2% of its average volume. The market cap is $332.7 million.
The stock's increase on a higher than average trading volume suggests a positive investor outlook, potentially leading to further short-term gains.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Lemonade stock increased by 5.87% to $17.49 with a trading volume of 2.6 million, 169.3% of its average volume. The market cap is $1.1 billion.
The substantial rise in stock price and trading volume well above the average may continue to drive short-term positive momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Trupanion shares rose 7.06% with a trading volume of 322.5K, which is 49.8% of its average full-day volume. The market cap is at $1.0 billion.
The increase in share price and higher than average trading volume suggest positive investor sentiment, which could lead to continued short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80