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

Presurance Holdings, Inc. (NASDAQ:PRHI) Director James Grant Smith acquired 23,672 shares of the stock in a transaction on Monday, April 13th. The shares were purchased at an average cost of $0.74 per share, with a total value of $17,517.28. Following the transaction, the director directly 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

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

Presurance Trading Down 8.5%

Presurance stock traded down $0.05 on Monday, hitting $0.59. 40,420 shares of the stock traded hands, compared to its average volume of 92,979. The firm has a fifty day moving average of $0.70. Presurance Holdings, Inc. has a 1 year low of $0.48 and a 1 year high of $2.83. The stock has a market capitalization of $15.47 million, a price-to-earnings ratio of -0.39 and a beta of 0.90. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.68 and a current ratio of 0.68.

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

Analyst Ratings Changes

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

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.