Presurance (NASDAQ:PRHI) Trading Up 9.2% – Here’s What Happened

Presurance Holdings, Inc. (NASDAQ:PRHI)’s stock price shot up 9.2% during trading on Friday . The stock traded as high as $0.70 and last traded at $0.65. 40,338 shares changed hands during trading, a decline of 79% from the average session volume of 192,166 shares. The stock had previously closed at $0.5950.

Analyst Ratings Changes

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

Presurance Trading Up 9.2%

The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 0.78. The business’s fifty day moving average price is $0.70.

About Presurance

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.