Tiptree Inc. (TIPT) Soars 6.04% on January 23

Tiptree Inc. (TIPT) Soars 6.04% on January 23

Tiptree Inc. (TIPT) had a good day on the market for Wednesday January 23 as shares jumped 6.04% to close at $5.97. About 80,617 shares traded hands on 495 trades for the day, compared with an average daily volume of n/a shares out of a total float of 35.94 million. After opening the trading day at $5.69, shares of Tiptree Inc. stayed within a range of $5.98 to $5.58.

With today’s gains, Tiptree Inc. now has a market cap of $214.54 million.

The stock has a P/E Ratio of 5. Shares of Tiptree Inc. have been trading within a range of $7.10 and $5.01 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Tiptree Inc is focused on enhancing shareholder value by generating consistent growth and profitability at its operating companies. The company’s consolidated subsidiaries currently operate in the following businesses – specialty insurance, asset management, senior living and specialty finance.

Tiptree Inc. is based out of New York, NY and has some 1,011 employees. Its CEO is Jonathan Ilany.

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