Fortegra Financial Corp Hits New 12-Month High at $9.87 (FRF)
Fortegra Financial Corp (NYSE:FRF) reached a new 52-week high on Tuesday , Stock Ratings Network reports. The company traded as high as $9.87 and last traded at $9.85, with a volume of 3,299,179 shares. The stock had previously closed at $7.02.
A number of analysts have recently weighed in on FRF shares. Analysts at TheStreet upgraded shares of Fortegra Financial Corp to a “buy” rating in a research note on Tuesday, July 29th. Analysts at Sandler O’Neill raised their price target on shares of Fortegra Financial Corp from $7.50 to $8.00 in a research note on Thursday, July 10th. They now have a “hold” rating on the stock.
The stock’s 50-day moving average is $7.29 and its 200-day moving average is $7.21. The company has a market cap of $194.5 million and a price-to-earnings ratio of 6.24.
Fortegra Financial Corporation is specializing in insurance products and services. The Company’s business process outsourcing segment offers various administrative services under the Consecta and Pacific Benefits Group Northwest, LLC brand names to insurance and other financial services companies.
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