International General Insurance Holdings Ltd [NASDAQ: IGIC] gained 0.62% on the last trading session, reaching $22.85 price per share at the time.
International General Insurance Holdings Ltd represents 44.40 million in outstanding shares, while the company has a total market value of $1.03 billion with the latest information. IGIC stock price has been found in the range of $22.63 to $23.0.
If compared to the average trading volume of 140.95K shares, IGIC reached a trading volume of 114643 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about International General Insurance Holdings Ltd [IGIC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IGIC shares is $32.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IGIC stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for International General Insurance Holdings Ltd shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 21, 2024.
The Average True Range (ATR) for International General Insurance Holdings Ltd is set at 0.64, with the Price to Sales ratio for IGIC stock in the period of the last 12 months amounting to 1.93. The Price to Book ratio for the last quarter was 1.56.
Trading performance analysis for IGIC stock
International General Insurance Holdings Ltd [IGIC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.75. With this latest performance, IGIC shares dropped by -3.59% in over the last four-week period, additionally sinking by -3.47% over the last 6 months – not to mention a rise of 67.53% in the past year of trading.
International General Insurance Holdings Ltd [IGIC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and International General Insurance Holdings Ltd [IGIC] shares currently have an operating margin of 22.64%. International General Insurance Holdings Ltd’s Net Margin is presently recorded at 23.13%.
Return on Equity for this stock inclined to 7.47%, with Return on Assets sitting at 7.47%.
An analysis of Institutional ownership at International General Insurance Holdings Ltd [IGIC]
There are presently around $51.31%, or 104.48%% of IGIC stock, in the hands of institutional investors. The top three institutional holders of IGIC stocks are: ROYCE & ASSOCIATES LP with ownership of 3.46 million shares, which is approximately 7.8632%. GILDER GAGNON HOWE & CO LLC, holding 1.34 million shares of the stock with an approximate value of $$18.72 million in IGIC stocks shares; and GILDER GAGNON HOWE & CO LLC, currently with $$14.22 million in IGIC stock with ownership which is approximately 2.3082%.
