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Shares of Heritage Insuran Has Fallen Below Previous 52-Week Low

By James Quinn

Heritage Insuran (NYSE:HRTG) traded today at a new 52-week low of $9.75. This new low was reached on approximately average trading volume as 317,000 shares traded hands, while the average 30-day volume is approximately 290,000 shares.

Heritage Insuran has overhead space with shares priced $9.87, or 39.3% below the average consensus analyst price target of $16.25. Heritage Insuran shares should first meet resistance at the 50-day moving average (MA) of $15.19 and find additional resistance at the 200-day MA of $19.39.

Heritage Insurance Holdings, Inc. operates as a property and casualty insurance holding company. The Company provides personal residential insurance for single-family homeowners and condominium owners. Heritage Insurance manages all aspects of insurance underwriting, actuarial analysis, distribution, and claims processing and adjusting in the State of Florida.

In the past 52 weeks, Heritage Insuran share prices have been bracketed by a current low of $9.75 and a high of $16.48 and are now at $9.87. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 3.3%.

SmarTrend is tracking the current trend status for Heritage Insuran and will alert subscribers who have HRTG in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows heritage insuran

Ticker(s): HRTG