Dallas, Texas 07/02/2013 (Financialstrend) – Shares of Corelogic Inc (NYSE:CLGX) gained by 8.11 percent to close at $25.05 on Monday. The shares had recorded an intraday high of $25.09 per share and intraday low of $23.69 per share during the day. With last trading session, shares of Corelogic Inc (NYSE:CLGX) had 52 week high of $29.50 and 52 week low price of $17.77 per share.
Corelogic Inc (NYSE:CLGX) gives mortgages and various encumbrances, tenancy, location, hazard risk, detailed coverage of property and their related performance information to its clients. In Australia and United States the company provides analytics, property information and other related services. Mortgage finances, insurance, capital markets, real estate are the major services included in the portfolio of the company. Mortgages information, geospatial data and parcel, judgments and liens, criminal background records, non-prime lending records, information on credit, national coverage eviction information, tax information, real property containing contributory data are also included in services which are offered by the company. Mortgage origination services, processing solutions and asset management, data and analytics are the three segments in which the company operates.
Corelogic Inc (NYSE:CLGX) had entered into a definitive agreement to acquire Marshall and Swift/Boeckh. This is a commercial property valuation solution and also operates in the casualty insurance industry. The company provides business management services for property insurance companies, public sector organizations and financial services organizations. MSB also gives support to insurers in underwriting property insurance coverage, analyzing risk and estimating, managing and analyzing claims. Data Quick is also a supplier of real estate data. Corelogic Inc (NYSE:CLGX) had been trading with huge volumes at 2.14 million shares on Monday, while the average level of trading in the company is only 893,073 shares per day. With 95.49 million shares outstanding in the market, Corelogic Inc (NYSE:CLGX) presently has a market cap of $2.39 billion and an institutional ownership at 95 percent of total capital.