Trade Root Inc/OH - ROOT CFD

Trading Conditions

• Type: CFD
• Spread: 0.14
• Long position overnight funding adjustment: -0.02151%
• Short position overnight funding adjustment: -0.00071%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 43.24
• Open: 44.07
• 1-Year Change: -67.79%
• Day's Range: 42.47 - 44.39

Trade Root Inc/OH - ROOT CFD

What is Root Inc/OH (ROOT)?

Root Inc is an insurance company specializing in personal automobile insurance. Founded with the aim of leveraging technology and data analytics, the company uses smartphone technology to assess driving behavior and determine insurance rates. This approach represents a shift from traditional insurance underwriting methods by focusing on individual driving habits rather than demographic factors alone. Root Inc operates primarily in the United States and offers its services through a digital platform, enabling customers to obtain quotes, purchase policies, and manage their insurance entirely online. The company's business model emphasizes the use of telematics and mobile applications to collect data, which is then analyzed to provide personalized insurance pricing. Root Inc's operations reflect broader trends in the insurance industry toward digital transformation and usage-based insurance products. The company is part of a competitive market that includes both traditional insurers and emerging insurtech firms aiming to innovate how insurance products are delivered and priced.

Root Inc/OH Stock Price Today: Live Overview

The price today is shaped by the ongoing market moves, as Root Inc/OH trades at $43.99. Price variation has ranged from $42.45 to $44.75, resulting in a daily change of +1.5025%.

FAQ: Root Inc/OH (ROOT)

What is the current price of ROOT stock?

The current price is $43.99.

Does ROOT pay dividends?

Root Inc/OH does not pay dividends.

Does ROOT have a formal corporate presence or regional headquarters in the UAE?

Root Inc/OH operates in the UAE solely through partners and distributors without a direct office or subsidiary.

What is ROOT best known for?

Root Inc/OH is most famous for its technology-driven auto insurance platform.

What assets are typically shown together with ROOT?

Commonly shown alongside ROOT: Atlas Arteria, State Street SPDR Portfolio S&P 400 Mid Cap ETF, China Resources Land