Presurance (NASDAQ:PRHI) Shares Up 3.8% – Here’s What Happened

Presurance Holdings, Inc. (NASDAQ:PRHI)’s share price rose 3.8% during mid-day trading on Wednesday . The company traded as high as $0.7450 and last traded at $0.7440. Approximately 4,417 shares traded hands during trading, a decline of 95% from the average daily volume of 82,342 shares. The stock had previously closed at $0.7170.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Presurance in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Presurance Stock Up 3.8%

The company’s fifty day moving average price is $0.72. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48.

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.