Palomar (NASDAQ:PLMR) Sets New 52-Week High at $26.11
Palomar Holdings Inc (NASDAQ:PLMR)’s share price reached a new 52-week high on Friday . The stock traded as high as $26.11 and last traded at $26.03, with a volume of 1015 shares trading hands. The stock had previously closed at $25.19.
Several research firms have commented on PLMR. JPMorgan Chase & Co. boosted their target price on shares of Vermilion Energy from C$42.00 to C$43.00 in a research report on Monday, May 13th. William Blair assumed coverage on Palomar in a report on Tuesday, May 14th. They set an “outperform” rating on the stock. Evercore ISI assumed coverage on Palomar in a report on Monday, May 13th. They set an “outperform” rating on the stock. Barclays cut Buckeye Partners from an “overweight” rating to an “equal weight” rating in a report on Monday, May 13th. Finally, SunTrust Banks assumed coverage on Palomar in a report on Monday, May 13th. They set a “buy” rating and a $27.00 price objective on the stock. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $24.50.
The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.19. The stock’s 50-day simple moving average is $24.02.
Palomar Company Profile (NASDAQ:PLMR)
There is no company description available for Palomar Holdings Inc
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