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

Shares of Presurance Holdings, Inc. (NASDAQ:PRHI) shot 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.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Presurance in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Presurance Stock Up 0.0%

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 company has a fifty day moving average of $0.81.

Presurance (NASDAQ:PRHI) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.22) EPS for the quarter. Presurance had a negative net margin of 50.13% and a negative return on equity of 136.28%. 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.