Home / Healthcare / Health Care Firm Health Insurance Innovations Inc. (HIIQ) Advances 3.2% at Midday on September 23

Health Care Firm Health Insurance Innovations Inc. (HIIQ) Advances 3.2% at Midday on September 23

Health Insurance Innovations Inc. (HIIQ) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the health care sector during morning trading on September 23. At the lunch break, shares of HIIQ have clocked gains of 3.2% to $5.49 after closing the day prior at $5.32. In the first two and a half hours of trading, the stock has gone as high as $5.62 and as low as $5.34. Today’s rise has come with about 76,944 shares changing hands, compared to an average 30-day volume of 202,588 for Health Insurance Innovations Inc.. The price is currently below the 30-day volume weighted average price of $5.5 for HIIQ.

The share appreciation gives the company a market capitalization of $78.48 million based upon 14.75 million shares outstanding. It also means that HIIQ has a price-to-book ratio of 1.8:1.

In the past 52 weeks, shares of HIIQ have traded as low as $3.72 and as high as $8.535. Technical traders will take note that at $5.49, shares of HIIQ are trading below their 200-day MA at $5.57 and above their 50-day MA at $4.76. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.

Who is HIIQ?

Health Insurance Innovations Inc is a developer, distributor and virtual administrator of affordable individual and family health insurance plans and supplemental products. The company’s 192 employees are led by CEO Patrick McNamee from the corporate headquarters at 15438 North Florida Avenue in Tampa, FL.

For more information on HIIQ and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

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