Presurance (NASDAQ:PRHI) Director Acquires $48,937.50 in Stock

Presurance Holdings, Inc. (NASDAQ:PRHI) Director Isolde O’hanlon purchased 7,250 shares of the business’s stock in a transaction dated Wednesday, September 30th. The shares were purchased at an average cost of $6.75 per share, with a total value of $48,937.50. Following the acquisition, the director owned 7,964 shares in the company, valued at $53,757. This trade represents a 1,015.41% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Presurance Stock Performance

NASDAQ PRHI opened at $6.86 on Friday. The firm’s 50 day simple moving average is $6.67 and its 200 day simple moving average is $5.51. The firm has a market capitalization of $25.73 million, a price-to-earnings ratio of -0.67 and a beta of 0.87. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.44. Presurance Holdings, Inc. has a 1 year low of $3.36 and a 1 year high of $19.81.

Presurance (NASDAQ:PRHI) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.35 EPS for the quarter. Presurance had a negative net margin of 49.56% and a negative return on equity of 89.12%. The business had revenue of $9.14 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Presurance from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, September 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Presurance has a consensus rating of “Sell” and a consensus price target of $7.00.

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.