Presurance (NASDAQ:PRHI) Posts Quarterly Earnings Results

Presurance (NASDAQ:PRHI) issued its quarterly earnings results on Friday. The company reported ($1.40) EPS for the quarter, FiscalAI reports. The firm had revenue of $4.62 million for the quarter. Presurance had a negative net margin of 50.13% and a negative return on equity of 136.28%.

Presurance Trading Down 11.9%

Presurance stock opened at $0.54 on Friday. The firm has a 50 day simple moving average of $0.69. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.48. Presurance has a 1-year low of $0.42 and a 1-year high of $2.83.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated 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 MarketBeat, Presurance presently has a consensus rating of “Sell”.

Presurance Company Profile

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.