An issue of Solera Holdings Inc (NYSE:SLH) debt rose 0.6% as a percentage of its face value during trading on Monday. The high-yield issue of debt has a 10.5% coupon and is set to mature on March 1, 2024. The debt is now trading at $113.00 and was trading at $112.25 one week ago. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.
Shares of Solera Holdings Inc (NYSE SLH) traded up $0.03 during mid-day trading on Monday, reaching $55.84. 4,291,200 shares of the company traded hands, compared to its average volume of 1,118,510. Solera Holdings Inc has a 12-month low of $36.14 and a 12-month high of $56.07. The firm has a market cap of $3,810.00, a P/E ratio of -28.20 and a beta of 0.26.
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Solera Holdings, Inc is a United States-based company, which is a provider of risk and asset management software and services to the automotive and property marketplace, including the global property and casualty (P&C) insurance industry. The Company is engaged in cognitive technologies for the automotive and home ownership ecosystems.
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