Conifer (NASDAQ:CNFR) Stock Crosses Below 50 Day Moving Average of $1.07

Shares of Conifer Holdings, Inc. (NASDAQ:CNFR) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.07 and traded as low as $0.89. Conifer shares last traded at $0.89, with a volume of 17,481 shares trading hands.

Conifer Stock Down 11.0 %

The company has a market cap of $10.88 million, a price-to-earnings ratio of -0.42 and a beta of 0.62. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 2.14. The firm’s fifty day moving average price is $1.07 and its 200-day moving average price is $1.15.

Conifer (NASDAQ:CNFR) last announced its quarterly earnings results on Thursday, April 4th. The insurance provider reported ($1.59) earnings per share (EPS) for the quarter. Conifer had a negative net margin of 26.23% and a negative return on equity of 241.08%. The firm had revenue of $21.14 million during the quarter.

Conifer Company Profile

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.