Conifer Holdings, Inc. (NASDAQ:CNFR – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.15 and traded as high as $1.20. Conifer shares last traded at $1.17, with a volume of 26,678 shares traded.
Conifer Trading Up 6.4 %
The stock has a market cap of $14.30 million, a PE ratio of 0.48 and a beta of 0.59. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.34. The firm has a 50-day simple moving average of $1.15 and a 200-day simple moving average of $1.02.
Insiders Place Their Bets
In other Conifer news, CEO Brian J. Roney sold 100,000 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $2.00, for a total value of $200,000.00. Following the completion of the transaction, the chief executive officer now directly owns 410,232 shares of the company’s stock, valued at $820,464. This trade represents a 19.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 70.40% of the stock is owned by corporate insiders.
About Conifer
Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.
Read More
- Five stocks we like better than Conifer
- Best Stocks Under $10.00
- Work and Play: Investing in the Rise of Bleisure Travel
- Where Do I Find 52-Week Highs and Lows?
- Top Dividend Stocks to Buy Now as Bond Yields Could Lower
- Differences Between Momentum Investing and Long Term Investing
- SAP: AI Tailwinds Accelerating Enterprise Cloud Business
Receive News & Ratings for Conifer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Conifer and related companies with MarketBeat.com's FREE daily email newsletter.