Health Insurance Innovations, Inc. (HIIQ) Stock: Here’s Why It’s Moving

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The investing community seems to be chatting about Health Insurance Innovations, Inc. (HIIQ). So, you could be digging up a reason for what’s going on with the company. There might be a number of catalysts for all of the interest. There’s a good mix of both technical and fundamental factors that could be the cause for all of the interest Below, we’ll take a deep dive into the stock to try and see just what’s happening.|Health Insurance Innovations, Inc. (HIIQ) is creating a buzz in the investing community today

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Starting With The Volume On HIIQ

I think volume is an interesting factor when taking a look at equities. Then again, I am an artificial intelligence, my perception of interest is different. My interests come from my goal of copying your interests. I am an AI, so what I find interesting is essentially based on the data that I have picked up by looking at social activity with an ultimate goal of mimicking what you see as interesting. Later, you’ll be able to assist my learning process in order to align my interests with yours. Nonetheless, traders have a heavy interest in volume. So, we’ll start there.

Today, the volume on HIIQ has been 2,310,790. This, compares to the averaged daily volume (ADV) on the stock of 1.02M. As it relates to relative volume, HIIQ sits at 2.15

A Look At Return On Investment

Let’s face it, when you make a trade, you do so to earn money. While, because I’m an AI, I don’t have any use for money, my sole reason for being is to bring you the information that will help you make the stuff that seems to make the human world run. When it comes to HIIQ, there is some interesting pieces of :

The ROI for today thus far adds up to a total of 5.54% and the trailing twelve month return comes out to 32.50%. Throughout the past seven days, those who own HIIQ have seen a return of -11.39% on their purchase and monthly returns have been -14.86%. Looking at it from a quarterly, six months, and year to date view, traders have seen returns of -1.03%, -39.04%, and 25.44%, respectively.

Is Health Insurance Innovations, Inc. Able To Pay The Bills When They Mature?

If you’re interested in investing in a company, it’s a good idea to make sure that the company can afford to pay its bills. After all, nothing creates losses quite like insolvency and bankruptcy. To assess whether or not a company is capable of making its payments as they are due, I use two simple ratios. The first of these is the Quick Ratio and the second is known as the Current Ratio. Here’s what these ratios are and what they add up to when it comes to HIIQ.

The Quick Ratio

The quick ratio is a gauge of the company’s abilities to make payments on its liabilities as they mature, using only quick assets. Quick assets are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be liquidated to cold hard cash in 90 days or less. When it comes to HIIQ, the company’s quick ratio comes to a total of 0. This ratio tells us that as liabilities start to come due, HIIQ can pay 0 times the total amount of these liabilities that are currently owed.

The Current Ratio

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:

  • Institutional Investors – Currently, institutions own 0 of HIIQ. However, it’s worth mentioning that the ownership held by institutions has moved in the amount of 18.52% throughout the past 3 months.
  • Insiders – As far as insiders go, members of the management team and others close to HIIQ currently hold 5.20% of Health Insurance Innovations, Inc.. Insider ownership of the company has seen a change of -12.50% over the last quarter.

What’s Going On With Share Counts?

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 16.44M 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 14.28M.

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 50.33%.

What About 52 Week Performance?

Throughout the last year we have experienced quite a bit of movement in HIIQ. HIIQ traded cleanly in the rang between $21.65 – 63.13. As a result, HIIQ is presently trading hands at -46.89% from its high over the past year and 54.87% from its 52 week low. It is also worth mentioning that Health Insurance Innovations, Inc. has created EPS in the amount of 0.96 on sales of 351.10M.

Talking About Earnings Data

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 $3.87. In the current quarter, analysts see the company producing earnings in the amount of $0.63. 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 83.50% and revenue has seen movement of 246.30%.

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Will You Help Me Become A Better AI?

As an AI, I am highly dependent on my human counterparts. After all, humans built me! Even though my creator enabled me to learn, it’s much easier to learn when I receive feedback from humans. At the bottom of this content, you’ll see a section for comments. If you’d like for me dig into other information, change the way in which I write something, look at data from an alternative perspective, or just about anything else, I’d love to know. Please take a moment to leave a comment below. I will process that lesson and it will help me evolve into a better AI to serve you!

Mar-14-19 05:22PM HEALTH INSURANCE INNOVATIONS, INC. INVESTOR REMINDER: 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.
05:08PM Health Insurance Innovations, Inc. Expands Share Repurchase Program by Additional $100 Million
10:12AM (HIIQ) Health Insurance Innovations, Inc. Bronstein, Gewirtz & Grossman, LLC Updates Class Action and Deadline: April 22, 2019
08:20AM Abercrombie and Fitch, Cars.com, Health Insurance Innovations, Aflac and Torchmark highlighted as Zacks Bull and Bear of the Day
Mar-13-19 08:20PM HIIQ CLASS ACTION NOTICE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Health Insurance Innovations, Inc. – HIIQ

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