National Interstate Corp. (NATL) Sets New 1-Year High at $34.49
National Interstate Corp. (NASDAQ:NATL)’s share price hit a new 52-week high on Friday . The stock 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 upgraded shares of National Interstate Corp. from a “hold” rating to a “strong-buy” rating and set a $37.00 price objective on the stock in a report on Thursday, August 11th.
The company has a market cap of $646.03 million and a PE ratio of 28.07. The firm’s 50-day moving average is $31.64 and its 200 day moving average is $29.62.
National Interstate Corp. (NASDAQ:NATL) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.11. Equities research analysts forecast that National Interstate Corp. will post $1.85 EPS for the current fiscal 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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