National Interstate Corp. (NASDAQ:NATL) shares gapped up before the market opened on Friday . The stock had previously closed at $30.65, but opened at $30.69. National Interstate Corp. shares last traded at $30.94, with a volume of 32,280 shares.

A number of research firms have recently commented on NATL. Zacks Investment Research upgraded National Interstate Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. Raymond James Financial Inc. downgraded National Interstate Corp. from a “market perform” rating to an “underperform” rating in a report on Friday, April 15th.

The company has a market capitalization of $616.48 million and a PE ratio of 30.04. The stock’s 50 day moving average is $30.68 and its 200 day moving average is $28.57.

National Interstate Corp. (NASDAQ:NATL) last posted its quarterly earnings results on Monday, May 2nd. The company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by $0.01. Analysts anticipate that National Interstate Corp. will post $1.60 earnings per share for the current year.

An institutional investor recently raised its position in National Interstate Corp. stock. Dimensional Fund Advisors LP boosted its position in National Interstate Corp. (NASDAQ:NATL) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 695,785 shares of the company’s stock after buying an additional 10,757 shares during the period. Dimensional Fund Advisors LP owned 3.50% of National Interstate Corp. worth $18,578,000 as of its most recent filing with the SEC.

National Interstate Corporation and its subsidiaries operate as an insurance holding company that underwrites and sells traditional and alternative property and casualty insurance products to the passenger transportation, trucking and moving and storage industries, general commercial insurance to small businesses in Hawaii and Alaska and personal insurance to owners of recreational vehicles throughout the United States.

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