Presurance (NASDAQ:PRHI) Stock: Insider Isolde O’hanlon Buys 7,250 Shares

Presurance Holdings, Inc. (NASDAQ:PRHI) Director Isolde O’hanlon acquired 7,250 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was acquired at an average cost of $6.75 per share, for a total transaction of $48,937.50. Following the completion of the purchase, the director owned 7,964 shares in the company, valued at $53,757. The trade was a 1,015.41% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Presurance Price Performance

PRHI traded up $0.53 during midday trading on Thursday, reaching $6.92. 26,535 shares of the company’s stock were exchanged, compared to its average volume of 14,877. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $25.95 million, a PE ratio of -0.68 and a beta of 0.98. The business’s 50-day moving average price is $6.61 and its 200 day moving average price is $5.48. 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 results on Wednesday, August 12th. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $9.14 million for the quarter. Presurance had a negative net margin of 49.56% and a negative return on equity of 89.12%.

Analyst Ratings Changes

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