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home / news releases / ROOT - Root: An Insurtech Company Priced Like A Legacy Insurer

ROOT - Root: An Insurtech Company Priced Like A Legacy Insurer

Root Inc.
  • Shares of Root are down by 70% from all-time highs.
  • Investors point to a high loss ratio and high cash burn rate as the culprits.
  • However, improving operating metrics, high growth potential, and attractive valuation may cause a reversal in share prices.
  • Although cheap, investors should remain mindful of Root's high cash burn rate.

For further details see:

Root: An Insurtech Company Priced Like A Legacy Insurer
Stock Information
Company Name: Root Inc.
Stock Symbol: ROOT
Market: NASDAQ
Website: ir.joinroot.com
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