Fortegra Financial Corp. has hit a technical signal on 3 different technical indicators. FRF is in the Finance sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $7.63 on Mar 19.

 

There are currently 5 analysts covering the company. Of these analysts, 3 have a buy recommendation. The current consensus estimate for quarterly earnings among the 5 analysts covering the stock is $0.20 per share. Last quarter the company earned $0.18 per share. The consensus estimate for this years earnings is $0.66 per share as compared to the next years’ expectation, of $0.89 per share. The consensus estimate for next years earnings is $0.89 per share, which represents forecast growth of 34.8%.

 

Over the last 52 weeks, the stock has been trading between $4.81 and $11.82. More recently in the last 4 weeks, the stock has been trading between $6.79 and $7.65. Yesterday the stock traded between $7.48 and $7.65. The stock currently has a PE ratio of 8.0.

 

Fortegra Financial Corp. is trading 6.8% from its 20-day simple moving average (SMA) of $7.14 and 10.3% from its 50-day SMA and 20.11% from its 200-day SMA. Average daily volume over the last 30 days has been 22,360 shares.

 

At yesterdays close: the RSI was at 83.4, the CCI was at 174.8 and the Fast Stochastic was at 97.4. FRF closed yesterday at $7.63, on volume of 13,665 shares as compared to an average volume of 22,360 over the last 4 weeks.

 

Fortegra Financial Corporation, an insurance services company, provides distribution and administration services, and insurance-related products to insurance companies, insurance brokers and agents, and other financial services companies in the United States. It operates in three segments: Payment Protection, Business Process Outsourcing (BPO), and Wholesale Brokerage. The Payment Protection segment distributes and administers credit insurance, debt protection, warranty and service contracts, and car club solutions under the Life of the South, Continental Car Club, and United Motor Club brand names to consumer finance companies, regional and community banks, retailers, small loan companies, warranty administrators, automobile dealers, vacation ownership developers, and credit unions. This segment specializes in providing products that protect consumer lenders and their borrowers from death, disability, or other events that could impair their borrowers’ ability to repay a debt. The BPO segment provides a range of administrative services under the Consecta brand name to insurance and other financial services companies. Its services include sales and marketing support, electronic underwriting, premium billing and collections, policy administration, claims adjudication, and call center management. The Wholesale Brokerage segment sells specialty property and casualty, and surplus lines insurance to retail insurance brokers and agents, and insurance companies under the Bliss & Glennon brand name. This segment provides its clients the ability to obtain various types of commercial insurance coverage outside of their core areas of focus. This segment also offers insurance underwriting services as a managing general agent for specialized insurance carriers. The company was formerly known as Life of the South Corporation and changed its name to Fortegra Financial Corporation in 2008. Fortegra Financial Corporation was incorporated in 1981 and is based in Jacksonville, Florida.

 

 

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.