Heritage Insurance Holdings Inc. (HRTG) with a beta value of 0.82 appears to be a promising investment opportunity.

On Monday, Heritage Insurance Holdings Inc. (NYSE: HRTG) was 4.16% up from the session before settling in for the closing price of $10.33. A 52-week range for HRTG has been $4.28 – $11.23.

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Financial Sector giant saw their annual sales surged by 9.05% over the last five years. When this article was written, the company’s average yearly earnings per share was at 4.05%. With a float of $22.54 million, this company’s outstanding shares have now reached $30.22 million.

The firm has a total of 566 workers. Let’s measure their productivity.

Heritage Insurance Holdings Inc. (HRTG) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Heritage Insurance Holdings Inc. stocks. The insider ownership of Heritage Insurance Holdings Inc. is 26.43%, while institutional ownership is 52.91%. The most recent insider transaction that took place on Aug 09 ’24, was worth 42,950. In this transaction Chief Executive Officer of this company bought 5,000 shares at a rate of $8.59, taking the stock ownership to the 1,072,584 shares. Before that another transaction happened on May 28 ’24, when Company’s Director bought 5,000 for $7.74, making the entire transaction worth $38,700. This insider now owns 64,662 shares in total.

Heritage Insurance Holdings Inc. (HRTG) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 4.05% per share during the next fiscal year.

Heritage Insurance Holdings Inc. (NYSE: HRTG) Trading Performance Indicators

You can see what Heritage Insurance Holdings Inc. (HRTG) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.43. Likewise, its price to free cash flow for the trailing twelve months is 1.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.95, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 2.13 in one year’s time.

Technical Analysis of Heritage Insurance Holdings Inc. (HRTG)

Analysing the last 5-days average volume posted by the [Heritage Insurance Holdings Inc., HRTG], we can find that recorded value of 0.76 million was better than the volume posted last year of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 86.53%. Additionally, its Average True Range was 0.66.

During the past 100 days, Heritage Insurance Holdings Inc.’s (HRTG) raw stochastic average was set at 86.60%, which indicates a significant increase from 84.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.32% in the past 14 days, which was higher than the 74.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.56, while its 200-day Moving Average is $7.75. Now, the first resistance to watch is $11.36. This is followed by the second major resistance level at $11.96. The third major resistance level sits at $12.45. If the price goes on to break the first support level at $10.28, it is likely to go to the next support level at $9.79. Now, if the price goes above the second support level, the third support stands at $9.19.

Heritage Insurance Holdings Inc. (NYSE: HRTG) Key Stats

There are 30,636K outstanding shares of the company, which has a market capitalization of 329.69 million. As of now, sales total 735,500 K while income totals 45,310 K. Its latest quarter income was 191,300 K while its last quarter net income were 14,230 K.