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Infinity Property and Casualty (IPCC) Stock Gains 6.7%

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Infinity Property and Casualty Corporation was a big mover last session, as the company saw its shares rise almost 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session after the company announced fourth-quarter profit of $21.6 million. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $85.75 to $89.65 in the past one-month time frame.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.        

Infinity Property and Casualty currently has a Zacks Rank #3 (Hold).

A better-ranked Insurance-Property & Casualty stock is American Financial Group, Inc. (AFG - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is IPCC going up? Or down? Predict to see what others think: Up or Down

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