Conifer (NASDAQ:CNFR) Posts Earnings Results

Conifer (NASDAQ:CNFR) issued its quarterly earnings results on Friday. The insurance provider reported ($2.11) EPS for the quarter, Zacks reports. Conifer had a negative return on equity of 335.82% and a net margin of 34.76%. The firm had revenue of $14.73 million for the quarter.

Conifer Price Performance

Conifer stock opened at $0.66 on Friday. The company has a fifty day simple moving average of $0.92 and a 200-day simple moving average of $1.05. The firm has a market capitalization of $8.04 million, a price-to-earnings ratio of 0.27 and a beta of 0.55. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.34. Conifer has a 52-week low of $0.60 and a 52-week high of $1.91.

Conifer Company Profile

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.