Fortegra Financial Corp Reaches New 1-Year High at $9.89 (FRF)
Shares of Fortegra Financial Corp (NYSE:FRF) reached a new 52-week high on Friday , Stock Ratings News reports. The stock traded as high as $9.89 and last traded at $9.88, with a volume of 19,525 shares. The stock had previously closed at $9.87.
A number of research firms have recently commented on FRF. Analysts at Zacks upgraded shares of Fortegra Financial Corp from a “neutral” rating to an “outperform” rating in a research note on Thursday. They now have a $10.60 price target on the stock. Separately, analysts at Macquarie downgraded shares of Fortegra Financial Corp from an “outperform” rating to a “neutral” rating in a research note on Wednesday, August 13th. They now have a $10.00 price target on the stock. Finally, analysts at TheStreet upgraded shares of Fortegra Financial Corp to a “buy” rating in a research note on Tuesday, July 29th.
The stock has a 50-day moving average of $7.91 and a 200-day moving average of $7.33. The company has a market cap of $195.3 million and a price-to-earnings ratio of 9.26.
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.