Tiptree Inc (NASDAQ: TIPT): Retirees Don’t Worry About Volatility

Tiptree Inc (NASDAQ:TIPT) currently has a daily average trading volume of 79.59K but it saw 111407 shares traded in last market. With a market cap of 724.44M USD, the company’s current market price of $19.55 came falling about -0.56 while comparing to the previous closing price of $19.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.81 and as low as $14.79. In the recent trading on the day, stock has struck highest price mark of $19.2 while lowest mark touched by it was $19.65.

Taking a look at 20-day trading activity of Tiptree Inc (TIPT) gives us an average price of $20.71, while its current price level is -17.89% below from 52-week high level whereas it is 32.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $21.25 while that of 200 days or SMA-200 reads an average of $18.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.30% during that period while stretching the period over a month that decreases to 3.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.08 which implies that the stock is in neutral territory.

Over the week, TIPT’s stock price is moving -6.28% down while it is -9.93% when we observe its performance for the past one month. Year-to-date it is -6.28% down and over the past year, the stock is showing a downside performance of -1.60%.

Currently, Tiptree Inc’s total number of outstanding shares is 36.79M. Company’s return on investment (ROI) stands at 4.33% and return on equity (ROE) at 9.46%. It has a price to earnings ratio (P/E ratio) of 20.25. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.56 while price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is 1.20% on average.