Financial stocks listed on the New York Stock Exchange or NASDAQ have gotten some tailwinds from Trupanion Inc. (TRUP), as one of the best performers in the sector during morning trading on April 21. At the lunch break, shares of TRUP have advanced 3.64% to $15.38 after closing the day prior at $14.84. In morning action, the stock has moved as high as $15.5 and as low as $14.87. Today’s rise has come with about 45,166 shares changing hands, compared to an average 30-day volume of 102,553 for Trupanion Inc.. The price is currently below the 30-day volume weighted average price of $15.19 for TRUP.
The share appreciation gives the company a market capitalization of $437.93 million based upon 29.51 million shares outstanding. It also means that TRUP has a price-to-book ratio of 9.72:1.
In the past 52 weeks, shares of TRUP have traded as low as $11.15 and as high as $17.705. Technical traders will take note that at $15.38, shares of TRUP are trading below their 200-day MA at $15.49 and above their 50-day MA at $15.04. 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 TRUP?
Trupanion Inc with its subsidiaries is a direct-to-consumer monthly subscription service provider of a medical insurance plan for cats and dogs throughout the United States, Canada and Puerto Rico. The company’s 450 employees are led by CEO Darryl Rawlings from the corporate headquarters at 6100 4th Avenue South in Seattle, WA.
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