ICC (NASDAQ:ICCH) Trading Down 0.2% – What’s Next?

ICC Holdings, Inc. (NASDAQ:ICCH) shares fell 0.2% during mid-day trading on Friday . The stock traded as low as $23.10 and last traded at $23.15. 354 shares traded hands during trading, a decline of 91% from the average session volume of 3,960 shares. The stock had previously closed at $23.20.

ICC Stock Down 0.2 %

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.04 and a quick ratio of 1.04. The stock’s fifty day simple moving average is $23.29 and its 200-day simple moving average is $23.06. The stock has a market cap of $72.69 million, a P/E ratio of 10.43 and a beta of 0.31.

ICC (NASDAQ:ICCH) last posted its earnings results on Monday, November 4th. The company reported $0.69 earnings per share (EPS) for the quarter. The company had revenue of $24.38 million for the quarter. ICC had a return on equity of 9.58% and a net margin of 7.13%.

Institutional Trading of ICC

A hedge fund recently raised its stake in ICC stock. Geode Capital Management LLC grew its holdings in shares of ICC Holdings, Inc. (NASDAQ:ICCH) by 19.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,728 shares of the company’s stock after purchasing an additional 2,200 shares during the period. Geode Capital Management LLC owned approximately 0.44% of ICC worth $315,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 46.50% of the company’s stock.

About ICC

ICC Holdings, Inc, together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin.