Palomar (PLMR) Surges 76.5% in a Year: Will the Rally Last?

Palomar Holdings, Inc.'s (PLMR) shares have surged 76.5% in a year compared with the industry's growth of 26.5%. The Finance sector and the Zacks S&P 500 composite have risen 25% and 26.5%, respectively, in the same time frame. With a market capitalization of $2.07 billion, the average volume of shares traded in the last three months was 0.1 million. The rally was largely driven by new business, strong premium retention rates for existing business and renewals of existing policies and better pricing. This Z ...