Presurance (NASDAQ:PRHI) Director James Grant Smith Purchases 23,672 Shares of Stock

Presurance Holdings, Inc. (NASDAQ:PRHI) Director James Grant Smith purchased 23,672 shares of the firm’s stock in a transaction dated Monday, April 13th. The stock was bought at an average cost of $0.74 per share, with a total value of $17,517.28. Following the purchase, the director owned 60,922 shares of the company’s stock, valued at approximately $45,082.28. This trade represents a 63.55% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

James Grant Smith also recently made the following trade(s):

• On Monday, April 6th, James Grant Smith purchased 1,100 shares of Presurance stock. The stock was bought at an average cost of $0.80 per share, with a total value of $880.00.

Presurance Trading Down 8.5%

Shares of PRHI stock opened at $0.59 on Tuesday. The firm has a market capitalization of $15.47 million, a PE ratio of -0.39 and a beta of 0.90. The company has a 50-day moving average of $0.70. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.36. Presurance Holdings, Inc. has a 1-year low of $0.48 and a 1-year high of $2.83.

Presurance (NASDAQ:PRHI) last issued its quarterly earnings results on Friday, March 27th. The company reported ($1.24) earnings per share for the quarter. Presurance had a negative net margin of 42.58% and a negative return on equity of 107.54%. The company had revenue of $4.62 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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 company has an average rating of “Sell”.

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.