(ACIC) American Coastal Insurance - Ratings and Ratios

American Coastal Insurance Corporation (NASDAQ: ACIC), rebranded in August 2023, specializes in property and casualty insurance across the U.S. Their offerings include comprehensive coverage for homeowners, renters, and condominium owners, along with commercial policies for residential associations and apartments. They cover damages from fire, wind, hail, water, theft, and vandalism, and provide additional policies for equipment breakdown, identity theft, and cybersecurity. Utilizing a network of independent agencies, they ensure wide distribution and personalized service. Based in Saint Petersburg, Florida, the company, founded in 1999, reflects a strategic rebranding to emphasize its coastal focus and market position.

Ticker Symbol: ACIC
Exchange: NASDAQ
Type: Common Stock
Country Origin: United States
GICS Sub Industry: Property & Casualty Insurance

Average Volume 20d: 131,767
Last Price: $12.69
SMA 20: $12.37
SMA 50: $12.47
SMA 200: $11.54
ATR: 0.44

Market Cap: $626.67M USD
P/E: 7.47
P/B: 2.32
P/S: 2.16
RoE: -22.48%

3-Month Forecast: ACICs stock is poised for potential volatility. Technically, the SMA20 suggests a recent uptrend, with support near $12.37. However, the negative RoE may signal underlying financial challenges, potentially impacting investor confidence. The moderate ATR of 0.44 indicates manageable price fluctuations, while the attractive P/E ratio of 7.47 could draw value investors, offsetting concerns over the high P/B ratio. Overall, ACICs stock may experience sideways movement with occasional dips, making it a watch candidate for those seeking undervalued opportunities in the insurance sector.