International General Insurance Holdings Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 44 out of 114 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 30.00.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of International General Insurance Holdings Ltd is 5.83, ranking 75 out of 114 in the Insurance industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 128.60M, representing a year-over-year decrease of 8.08%, while its net profit experienced a year-over-year decrease of 2.33%.
Key Metrics
The current valuation score of International General Insurance Holdings Ltd is 9.00, ranking 4 out of 114 in the Insurance industry. Its current P/E ratio is 9.01, which is 5.04% below the recent high of 9.46 and 64.70% above the recent low of 3.18.
The current earnings forecast score of International General Insurance Holdings Ltd is 9.00, ranking 7 out of 114 in the Insurance industry. The average price target is 32.00, with a high of 32.00 and a low of 32.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of International General Insurance Holdings Ltd is 9.56, ranking 4 out of 114 in the Insurance industry. Currently, the stock price is trading between the resistance level at 26.49 and the support level at 23.92, making it suitable for range-bound swing trading.
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The current institutional shareholding score of International General Insurance Holdings Ltd is 3.00, ranking 88 out of 114 in the Insurance industry. The latest institutional shareholding proportion is 43.91%, representing a quarter-over-quarter decrease of 1.41%. The largest institutional shareholder is Chuck Royce, holding a total of 3.17M shares, representing 7.35% of shares outstanding, with 26.30% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Insurance domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. No risk assessment score is currently available for International General Insurance Holdings Ltd. The Insurance industry's average is 7.17. The company's beta value is 0.15. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
