Shares of National Interstate Corp. (NASDAQ:NATL) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $34.49 and last traded at $32.48, with a volume of 11,223 shares changing hands. The stock had previously closed at $32.45.

Separately, Zacks Investment Research raised National Interstate Corp. from a “hold” rating to a “strong-buy” rating and set a $37.00 target price on the stock in a research report on Thursday, August 11th.

The stock has a market cap of $646.63 million and a P/E ratio of 28.10. The stock’s 50 day moving average price is $31.58 and its 200 day moving average price is $29.57.

National Interstate Corp. (NASDAQ:NATL) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.11. On average, equities research analysts expect that National Interstate Corp. will post $1.85 EPS for the current year.

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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