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Maiden Holdings (MHLD) Catches Eye: Stock Gains 6.7%
Maiden Holdings, Ltd. (MHLD - Free Report) was a big mover last session, as the company saw its shares rise roughly 7% on the day. Shares gained on the news that the company will replace Tumi Holdings Inc. in the S&P SmallCap 600 after the close of trading on Monday, Aug 1. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $11.89 to $13.00 in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Maiden Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
MAIDEN HOLDINGS Price
MAIDEN HOLDINGS Price | MAIDEN HOLDINGS Quote
A better-ranked stock in the same industry is First American Financial Corporation (FAF - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is MHLD going up? Or down? Predict to see what others think: Up or Down
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