Vericity, Inc. (NASDAQ:VERY – Get Free Report) shares shot up 1% during mid-day trading on Monday . The stock traded as high as $12.14 and last traded at $11.41. 11,746 shares changed hands during trading, an increase of 242% from the average session volume of 3,433 shares. The stock had previously closed at $11.30.
Vericity Trading Up 1.0 %
The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.48 and a current ratio of 0.48. The firm has a 50 day moving average price of $11.34 and a 200-day moving average price of $11.27.
Vericity (NASDAQ:VERY – Get Free Report) last issued its quarterly earnings results on Monday, April 1st. The company reported ($0.14) earnings per share (EPS) for the quarter. Vericity had a negative net margin of 7.59% and a negative return on equity of 12.99%. The firm had revenue of $44.55 million for the quarter.
Hedge Funds Weigh In On Vericity
An institutional investor recently bought a new position in Vericity stock. PenderFund Capital Management Ltd. acquired a new stake in Vericity, Inc. (NASDAQ:VERY – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 69,985 shares of the company’s stock, valued at approximately $783,000. PenderFund Capital Management Ltd. owned about 0.47% of Vericity at the end of the most recent quarter. Institutional investors own 1.92% of the company’s stock.
Vericity Company Profile
Vericity, Inc, together with its subsidiaries, provides life insurance protection products for the middle American market. The company operates through Agency and Insurance segments. The Agency segment sells life insurance products for unaffiliated insurance companies through its call center distribution platform, as well as through its independent agents and other marketing organizations.