Root Inc(ROOT) is a stock of interest due to it’s movements. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about ROOT. We will be studying the movemnt so you can make the best descision as an investor.
First, we should get to know the company in discussion today. Here is a little about them:
Root Inc. is a technology company revolutionizing personal insurance with a pricing model based upon fairness and a modern customer experience. We started by tackling the archaic car insurance industry with Root Insurance. Through data and technology, we base rates primarily on how people actually drive.
The stock has moved upwards today by 10.37%. The high for today is 12.80 and today’s low is 10.93. This information is critical in deciding whether this investment is risky or safe. We can see since the stock is trending upwards which means that the volume of people selling this stock is greater than people who are buying it. Next we will be going over the forecast.
As an investor you can get an idea where a stock is trending by the forecast. In this case the high forecast for Root Inc is 30.00 and the low forecast is 20.00. We can also get a look into the future by looking at past trends. Looking at Root Inc’s 5 year movement it seems it has fallen 48%.
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