ICC Holdings Inc (NASDAQ:ICCH) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 500 shares, an increase of 400.0% from the July 31st total of 100 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are sold short.
ICCH traded up $0.34 during midday trading on Wednesday, reaching $14.00. 10,300 shares of the company’s stock were exchanged, compared to its average volume of 2,201. ICC has a 1-year low of $12.75 and a 1-year high of $15.25. The stock has a market capitalization of $45.14 million, a PE ratio of 34.16 and a beta of 0.12. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.23 and a quick ratio of 1.23. The business’s 50-day moving average price is $13.85 and its 200 day moving average price is $13.91.
ICC (NASDAQ:ICCH) last released its quarterly earnings results on Monday, July 29th. The company reported $0.16 EPS for the quarter. The business had revenue of $14.59 million for the quarter. ICC had a net margin of 2.16% and a return on equity of 1.99%.
In related news, Director John R. Klockau sold 2,000 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $13.75, for a total value of $27,500.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 22.50% of the stock is currently owned by corporate insiders.
A hedge fund recently bought a new stake in ICC stock. United Capital Financial Advisers LLC bought a new stake in ICC Holdings Inc (NASDAQ:ICCH) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $277,000. United Capital Financial Advisers LLC owned approximately 0.61% of ICC as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 11.29% of the company’s stock.
ICC Company Profile
ICC Holdings, Inc, through its subsidiary, Illinois Casualty Company, provides property and casualty insurance products to the food and beverage industry in the United States. The company offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products.
See Also: What can cause a stock to outperform?
Receive News & Ratings for ICC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICC and related companies with MarketBeat.com's FREE daily email newsletter.