Tuesday, April 17, 2012

Investment News Briefs

FPIC Insurance Group, Inc. (NASDAQ:FPIC) achieved its new 52 week high price of $41.95 where it was opened at $41.90 UP 0.27 points or +0.65% by closing at $41.85. FPIC transacted shares during the day were over 67,331 shares however it has an average volume of 27,502 shares.
FPIC has a market capitalization $351.41 million and an enterprise value at $374.02 million. Trailing twelve months price to sales ratio of the stock was 1.80 while price to book ratio in most recent quarter was 1.31. In profitability ratios, net profit margin in past twelve months appeared at 14.26% whereas operating profit margin for the same period at 25.26%.
The company made a return on asset of 3.10% in past twelve months and return on equity of 10.06% for similar period. In the period of trailing 12 months it generated revenue amounted to $194.26 million gaining $21.98 revenue per share. Its year over year, quarterly growth of revenue was -2.80% holding -13.60% quarterly earnings growth.
According to preceding quarter balance sheet results, the company had $126.37 million cash in hand making cash per share at 15.05. The total of $48.94 million debt was there putting a total debt to equity ratio 18.33. Moreover its current ratio according to same quarter results was 3.11 and book value per share was 31.79.
Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 4.59% where the stock current price exhibited up beat from its 50 day moving average price $41.73 and remained above from its 200 Day Moving Average price $38.37.
FPIC holds 8.40 million outstanding shares with 7.74 million floating shares where insider possessed 5.56% and institutions kept 78.40%.

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