HCC Insurance Holdings (HCC): Heavy Pre-Market Activity

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Trade-Ideas LLC identified HCC Insurance Holdings ( HCC) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified HCC Insurance Holdings as such a stock due to the following factors:

  • HCC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $23.5 million.
  • HCC traded 41,883 shares today in the pre-market hours as of 7:46 AM, representing 13.7% of its average daily volume.

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More details on HCC:

HCC Insurance Holdings, Inc. underwrites non-correlated specialty insurance products worldwide. The company operates in five segments: U.S. Property & Casualty, Professional Liability, Accident & Health, U.S. Surety & Credit, and International. The U.S. The stock currently has a dividend yield of 2.1%. HCC has a PE ratio of 12. Currently there are 4 analysts that rate HCC Insurance Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for HCC Insurance Holdings has been 328,800 shares per day over the past 30 days. HCC has a market cap of $5.5 billion and is part of the financial sector and insurance industry. The stock has a beta of 0.85 and a short float of 1.1% with 2.86 days to cover. Shares are up 6.3% year-to-date as of the close of trading on Monday.

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