Conifer (NASDAQ:CNFR) Stock Price Passes Below 50 Day Moving Average of $1.03

Conifer Holdings, Inc. (NASDAQ:CNFR)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $1.03 and traded as low as $0.92. Conifer shares last traded at $0.96, with a volume of 13,132 shares.

Conifer Stock Performance

The stock has a market cap of $11.73 million, a price-to-earnings ratio of -0.45 and a beta of 0.67. The stock’s 50-day moving average is $1.03 and its 200 day moving average is $1.13. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.65 and a quick ratio of 0.65.

Conifer (NASDAQ:CNFR) last posted its quarterly earnings results on Thursday, April 4th. The insurance provider reported ($1.59) earnings per share for the quarter. Conifer had a negative net margin of 26.23% and a negative return on equity of 241.08%. The business had revenue of $21.14 million during the quarter.

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.