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70.8% Return Seen to Date on SmarTrend Universal Insura Call (UVE)

By Nick Russo

SmarTrend identified an Uptrend for Universal Insura (NYSE:UVE) on September 13th, 2017 at $20.88. In approximately 9 months, Universal Insura has returned 70.78% as of today's recent price of $35.65.

Over the past year, Universal Insura has traded in a range of $15.07 to $36.85 and is now at $35.65, 137% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.8%.

Universal Insurance Holdings, Inc. (UIH) operates as an insurance holding company. The Company, through its subsidiaries, offers insurance underwriting, distribution, and claims processing. UIH serves customers in the State of Florida.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Universal Insura shares.

Log in and add Universal Insura (UVE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights universal insura

Ticker(s): UVE