Root Inc, operating under the ticker symbol Root Inc-OH, is a prominent entity within the financial sector, specifically focusing on the insurance industry. The company is publicly traded on the Nasdaq exchange and is recognized for its innovative approach to insurance through the use of mobile telematics and advanced technology platforms. Root Inc’s primary mission is to segment individual risk based on complex behavioral data, thereby enhancing pricing decisions and fostering business growth within the United States.

As of October 9, 2025, Root Inc’s close price stood at $81.39. The company’s stock has experienced significant volatility over the past year, with a 52-week high of $181.14 recorded on March 23, 2025, and a 52-week low of $36.87 on October 21, 2024. This fluctuation reflects the dynamic nature of the financial markets and the varying investor sentiment towards Root Inc’s strategic initiatives and market performance.

Root Inc’s market capitalization is currently valued at approximately $1.41 billion USD, indicating a substantial presence in the financial sector. The company’s price-to-earnings (P/E) ratio is 18.012, which provides insight into the market’s valuation of Root Inc relative to its earnings. This ratio is a critical metric for investors assessing the company’s growth potential and financial health.

Root Inc, originally known as Caret Holdings Inc, has carved a niche in the insurance industry by leveraging technology to offer a unique customer experience. The company’s platform utilizes mobile telematics to gather and analyze behavioral data, enabling more precise risk segmentation. This technological edge allows Root Inc to tailor its insurance products to individual needs, thereby enhancing customer satisfaction and driving business growth.

The company’s strategic focus on technology and data-driven insights positions it well within the competitive landscape of the insurance industry. By continuously innovating and adapting to market demands, Root Inc aims to maintain its leadership position and expand its market share in the United States.

In summary, Root Inc-OH is a key player in the financial sector, distinguished by its technological advancements in the insurance industry. With a robust market capitalization and a strategic focus on data-driven risk assessment, the company is well-positioned to navigate the complexities of the financial markets and achieve sustained growth.