NEW YORK (

TheStreet

) -- Shares of

FPIC Insurance Group

(Nasdaq:

FPIC

) have taken a tremendous swing upward. The stock is trading at $41.38 as of 9:52 a.m. ET, 28.9% above Monday's closing price of $32.10. Volume is at 42,788, 1.1 times the daily average of 40,700.

FPIC Insurance Group has a market cap of $273.5 million and is part of the

financial

sector and

insurance

industry. Shares are down 13.1% year to date as of the close of trading on Monday.

FPIC Insurance Group, Inc., through its subsidiaries, operates as an insurance carrier in the medical professional liability insurance sector of the property and casualty insurance industry in Florida. The company has a P/E ratio of 10.9, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates FPIC Insurance Group as a

TheStreet Recommends

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

FPIC Insurance Group Ratings Report

.

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