Recent reports have shown that this is enjoying a good run at the moment. The company itself deals in insurance, and as such it is wrapped up in the financial market. But it has not suffered greatly of late - something that cannot be said of many other similar companies.
As with many companies though, United America didn't have a particularly good time last year. A net loss of nearly twenty million dollars was recorded back then, but just one year later the company was firmly back in the black again. The net income for that same period just twelve months on was over twenty seven million pounds.
That was reflected in the company's shares, which are looking healthier now than they were back in 2008. Consequently a lot of investors are now expecting the stock to continue to rise in price. It remains to be seen whether this actually happens, but if their results continue to climb and do well, that could indeed be what we have to look forward to.
The NASDAQ sign for this particular company is INDM, so watch out for the results it has to show us in the coming days and weeks. This is one of the few good results we have to seize on at the moment. As such there is a distinct possibility that investors looking for somewhere to put their money will pounce on United America as a good place to do just that.
Some experts have pointed to this as a market which is now bullish in nature. Basically this means that it is expected to continue to do better as time goes by. People who get in now could enjoy a good profit as time goes on, although of course there is no firm guarantee of this. As always if you are thinking of investing in the stock market, the more information you can amass beforehand, the better.
It should also be remembered that while this particular company is doing well, it doesn't follow that all companies in the finance sector will start performing the same way. For now though, United America Indemnity is definitely one to watch to see if it can indeed plough forward into a bullish market. If it does, their shares will rise accordingly.
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