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Can NMI Holdings Inc. (NASDAQ:NMIH) Offer Investors Safety?

NMI Holdings Inc. (NASDAQ:NMIH) previous close was $23.39 while the outstanding shares total 85.32M. The firm has a beta of 1.72, a 12-month trailing P/E ratio of 12.23, and a growth ratio of 0.55. NMIH’s shares traded higher over the last trading session, gaining 3.42% on 05/26/21. The shares fell to a low of $23.44 before closing at $24.19. Intraday shares traded counted 0.65 million, which was 13.09% higher than its 30-day average trading volume of 751.32K. The stock’s Relative Strength Index (RSI) is 52.70, with weekly volatility at 2.91% and ATR at 0.78. The NMIH stock’s 52-week price range has touched low of $13.55 and a $26.82 high.

Investors have identified the Insurance – Property & Casualty company NMI Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.07 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record 3.22 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NMIH sounds very interesting.

Is the stock of NMIH attractive?

In related news, EVP, Chief Operating Officer, Mathis Patrick L sold 23,157 shares of the company’s stock in a transaction that recorded on May 20. The sale was performed at an average price of 23.80, for a total value of 551,194. As the sale deal closes, the SVP, Controller, Norberg Julie now sold 2,100 shares of the company’s stock, valued at 49,266. Also, EVP, General Counsel, Leatherberry William J sold 5,000 shares of the company’s stock in a deal that was recorded on May 05. The shares were price at an average price of 25.25 per share, with a total market value of 126,250. Following this completion of acquisition, the Executive Chairman, SHUSTER BRADLEY M now holds 23 shares of the company’s stock, valued at 553. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.

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