Unico American Co. (NASDAQ:UNAM) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.70 and traded as low as $5.25. Unico American shares last traded at $5.25, with a volume of 100 shares trading hands.
Separately, ValuEngine raised shares of Unico American from a “strong sell” rating to a “sell” rating in a research note on Tuesday, March 24th.
The company’s 50 day moving average price is $5.05 and its 200 day moving average price is $5.70.
Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. It provides property, casualty, health, and life insurance products, as well as insurance premium financing and membership association services. The company's commercial property coverage insures against loss or damage to buildings, inventory, and equipment from natural disasters, including hurricanes, windstorms, hail, water, explosions, and severe winter weather, as well as other events, such as theft and vandalism, fires, storms, and financial loss due to business interruption resulting from covered property damage.
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