NMI Holdings Inc (NMIH) : During the past 4 weeks, traders have been relatively bearish on NMI Holdings Inc (NMIH), hence the stock is down -4.24% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.59% relative to the S&P 500. The 4-week change in the price of the stock is -4.75% and the stock has fallen -1.42% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.26% and the 50-Day Moving Average is 4.16%.The 200 Day SMA reached 26.6%
NMI Holdings Inc (NASDAQ:NMIH): After opening at $7.57, the stock dipped to an intraday low of $7.51 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.685 and the buying power remained strong till the end. The stock closed at $7.62 for the day, a gain of 1.60% for the day session. The total traded volume was 568,660. The stocks close on the previous trading day was $7.62.
NMI Holdings Inc (NMIH) : The consensus price target for NMI Holdings Inc (NMIH) is $8.75 for the short term with a standard deviation of $0.35. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $9, however, the pessimist price target for the company is $9.
NMI Holdings, Inc. (NMIH) provides private mortgage guaranty insurance (MI) in the United States. The Companys primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a MI provider on loans purchased by Fannie Mae and Freddie Mac (collectively the Government-sponsored enterprises or GSEs). The Companys reinsurance subsidiary, National Mortgage Reinsurance Inc One (Re One), provides reinsurance to NMIC on certain loans insured by NMIC. NMICs residential mortgage insurance products primarily provide first loss protection on loans originated by residential mortgage lenders and sold to the GSEs and on low down payment loans held by portfolio lenders. NMIC offers two principal types of MI, primary and pool. The Company offers two types of primary mortgage insurance products to its customers, flow and non-flow. NMIH has total insurance-in-force (IIF) of around $8.1 billion and total risk-in-force (RIF) of around $894.7 million.