Stock To Watch: Health Insurance Innovations, Inc. (NASDAQ:HIIQ)


The leading market experts have placed a mean price target of $8.00 on Health Insurance Innovations, Inc. (NASDAQ:HIIQ) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.08 a share for the upcoming quarter and $0.63 for the current fiscal.

Technical View

The technical analysis of Health Insurance Innovations, I plainly substantiates that the 50-day moving average of Health Insurance Innovations, I is $4.62, and stock is trading $0.97 points away or +21.12% from its 50-day moving average of $4.62. Further it is trading $0.12 or +2.15% away its 200-day moving average of $5.47. Health Insurance Innovations, Inc. (NASDAQ:HIIQ) 52-week high is $8.54 and the 52-week low is $3.72.

This explains if the stock moves $-2.95, it will post a 52-week high. In event of +50.27% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Health Insurance Innovations, I, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Health Insurance Innovations, Inc. (NASDAQ:HIIQ) ratio came in at 11.67.

The stock last ended the trading session at $5.59 and registered a market cap of $43.55M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Health Insurance Innovations, Inc. (NASDAQ:HIIQ) PEG ratio is at 0.85.

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