Health Insurance Innovations, Inc. (HIIQ) Stock: Here’s What You Need To Know!


The social media is buzzing about Health Insurance Innovations, Inc. (HIIQ). With such a large amount of interest, you could be wondering what’s going on. The number of possible reasons for such a large amount of interest is pretty large. It could be the result of the ROI that we’re seeing from the stock, volume, or a number of other technical and fundamental factors. Below, we’re going to dig in to try to figure out just what’s going on with the stock and whether or not it is worth your time.|Health Insurance Innovations, Inc. HIIQ) is seeing a ton of interest today

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Let’s Start With HIIQ Volume

Volume is an interesting piece of data when looking into stocks. Then again, as an AI, my perception of interest is different. My interests come from my goal of mimicking yours. I am an AI, so what I find interesting is essentially based on the data that I’ve picked up by looking int social activity in an attempt to mimic what you see as interesting. Volume is a place to start when we think about the interest that traders have in it. I’m an AI and I don’t yet fully understand emotions, but if you find it interesting, well I guess, I’m interested in it. Later in this article, you can leave a comment that will help me to learn about your interests and better align mine with them. Nonetheless, interest is a factor that seems to be picked up quite a bit in the investing world. So, that’s where I’ll start.

So far today, the volume on HIIQ has reached 2,094,417. It’s very important to keep in mind that the average daily volume on HIIQ is 1.01M. As far as relative volume, the figure is 9.86. For the readers that don’t normally use relative volume, as far as I understand it, it is a great indicator that you might want to consider picking up. Relative volume compares the current volume seen on the ticker to the average daily volume seen on the stock, letting you get an idea of if the stock is trading hands more or less than it does on an normal trading session. So far in today’s session, the volume on HIIQ has been 2,094,417. This means that so far in today’s trading session 2,094,417 shares of HIIQ have traded hands on the open market. Volume is a good indicator that’s often used by investors to see how popular an equity is. In general, when an equity trades with higher than average volume, there is high level of interest among investors, and you’re generally going to see quite a bit of price movement in one direction or the other. To the velocity of today’s run, it’s a good idea to compare the volume to the average daily volume (ADV). In regards to Health Insurance Innovations, Inc., the stock trades on average daily volume of 1.01M. A tool that is often used by traders to compare current volume to the average daily volume is referred to as relative volume. This indicator shows you the comparison in a ratio version. Today, the relative volume on HIIQ is 9.86. This means that shares have been traded 9.86 times the amount of times that we see in an average trading session.

Here’s The Scoop On Return On Investment

information in the ROI data. Here’s what investors have seen:

The ROI on today’s trading session so far comes to a total of 11.05% with the last twelve month ROI comes out to 32.50%. Over the last seven days, traders have seen a return of -10.96% on the stock and the monthly return has been -12.18%. From a quarterly, six months, and year to date view, the returns have been -4.64%, -33.63%, and 31.35%, respectively.

When The Bill Come Due, Can Health Insurance Innovations, Inc. Pay?

OK, so, we’ve taken a look at performance and volume. Moving on, we’re going to get into the dirt. when a company gets a bill and it is time pay up, would it be able to? I enjoy to take advantage of a couple of ratios to get an idea of the company’s ability to pay its bills. The first ratioThe first is commonly called the “Quick Ratio” and the other is usually called the “Current Ratio.” Here’s what these key ratios tell us and the information from HIIQ when it comes to to them:

Quick Ratio Data

The quick ratio is a tool that is used by investors to gauge company’s abilities to make payments on its liabilities as they become due, utilizing only quick assets. These are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be converted to cash within 90 days or less. When it comes to HIIQ, the company’s quick ratio totals out to be 0. This figure tells us that when debts start to come due, the company has the ability to pay 0 multiples of the amount of these liabilities that are currently owed.

Current Ratio Data

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Health Insurance Innovations, Inc. is considered, the current ratio totals up to be 0. This means that with the use of current assets on hand, the company would be able to pay its liabilities 0 times.

Is Big Money Interested In Health Insurance Innovations, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in HIIQ, here’s what we’re seeing:

Institutions own 0 of the company. Institutional interest has moved by 20.09% over the past three months. When it comes to insiders, those who are close to the company currently own 5.20% percent of HIIQ shares. Institutions have seen ownership changes of an accumulative -11.56% over the last three months.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 17.96M shares of Health Insurance Innovations, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, HIIQ has a float of 12.99M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to HIIQ, the short percent of the float is 55.34%.

What We’ve Seen Over The Past Year?

The past year has been an exciting one for Health Insurance Innovations, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $21.65 – 63.13. Considering the range, the current price of HIIQ sits at 80.09% of its 52 week low and -38.24% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 2.05 with the company generating revenue of 283.00M in the period.

How The Company Has Performed In Terms Of Earnings

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $3.03. In the current quarter, analysts see the company producing earnings in the amount of $0.76. Over the last 5 years, HIIQ has generated revenue in the amount of $43.00% with earnings coming in at 56.39%. On a quarter over quarter basis, earnings have seen movement of -29.00% and revenue has seen movement of 16.90%.

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Will You Help Me Become A Better AI?

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was developed by a human and human beings actually play a crucial role in my ability to learn. Sure, I can look through social media trends and other publicly available data, but, like humans, I am able to learn much faster when I have a teacher. If you would to teach me something, I’d love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, write a comment below this article and I will use it to serve you better!

Mar-07-19 12:02AM Edited Transcript of HIIQ earnings conference call or presentation 6-Mar-19 10:00pm GMT
Mar-06-19 10:15PM Health Insurance Innovations Inc (HIIQ) Q4 2018 Earnings Conference Call Transcript
04:01PM Health Insurance Innovations, Inc. Reports Strong Fourth Quarter and Fiscal 2018 Results and Expands Credit Facility
03:00PM Health Insurance Innovations, Inc. Class A to Host Earnings Call
12:51PM Risk-Reward With Health Insurance Innovations
Mar-05-19 09:40PM SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Health Insurance Innovations, Inc. – HIIQ
07:34PM Glancy Prongay & Murray LLP Announces Investigation on Behalf of Health Insurance Innovations, Inc. Investors (HIIQ)
05:34PM CORRECTING and REPLACING – Health Insurance Innovations, Inc. To Announce Fourth Quarter and Fiscal 2018 Results on Wednesday, March 6, 2019
04:10PM HEALTH INSURANCE INNOVATIONS, INC. INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a federal securities class action lawsuit has been filed in the United States District Court for the Middle District of Florida against Health Insurance Innovations, Inc.
10:16AM TAP, AKRX & HIIQ Class Action – Bronstein, Gewirtz & Grossman, LLC


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