Presurance (NASDAQ:PRHI) Trading Up 0% – Here’s What Happened

Presurance Holdings, Inc. (NASDAQ:PRHI)’s share price traded up 0% during trading on Thursday . The stock traded as high as $0.73 and last traded at $0.7050. 47,930 shares traded hands during trading, an increase of 51% from the average session volume of 31,795 shares. The stock had previously closed at $0.7049.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Presurance in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Presurance Price Performance

The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The business has a fifty day moving average of $0.80. The stock has a market cap of $8.31 million, a price-to-earnings ratio of -0.31 and a beta of 0.83.

Presurance (NASDAQ:PRHI) last issued its earnings results on Wednesday, November 12th. The company reported ($0.22) earnings per share for the quarter. Presurance had a negative return on equity of 136.28% and a negative net margin of 50.13%.The firm had revenue of $6.68 million for the quarter.

Presurance Company Profile

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. It offers insurance coverage in specialty commercial and personal product lines. The company underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies. It serves the commercial insurance needs of owner-operated businesses in the markets, such as hospitality, which includes restaurants, bars, taverns, and bowling centers, as well as small grocery and convenience stores; artisan contractors comprising plumbers, painters, carpenters, electricians, and other independent contractors; and security service providers, including companies that provide security guard services, security alarm products and services, and private investigative services.