Positive News Coverage Somewhat Unlikely to Affect Independence Holding (IHC) Stock Price
News stories about Independence Holding (NYSE:IHC) have trended positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Independence Holding earned a coverage optimism score of 0.29 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 47.0577744512334 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Independence Holding (NYSE IHC) traded down $0.20 on Friday, hitting $27.90. 6,979 shares of the stock traded hands, compared to its average volume of 18,117. The company has a market capitalization of $416.66, a price-to-earnings ratio of 15.16 and a beta of 0.31. Independence Holding has a 52 week low of $16.55 and a 52 week high of $29.15.
About Independence Holding
Independence Holding Company (IHC) is a holding company principally engaged in the life and health insurance business. The Company’s segments include Medical Stop-Loss; Fully Insured Health; Group disability, life and DBL; Individual life, annuities and other, and Corporate. The Company is a writer across the nation of excess or stop-loss insurance for self-insured employer groups that desire to manage the risk of large medical claims (Medical Stop-Loss).
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