Conifer Holdings Inc. (CNFR) Shares Down 3.8%
Conifer Holdings Inc. (NASDAQ:CNFR)’s share price traded down 3.8% during trading on Thursday . The stock traded as low as $7.50 and last traded at $7.50, with a volume of 213,559 shares trading hands. The stock had previously closed at $7.80.
Several equities analysts recently commented on the stock. Zacks Investment Research raised shares of Conifer Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 29th. Sandler O’Neill cut shares of Conifer Holdings from a “buy” rating to a “hold” rating in a research note on Friday, April 29th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $11.50.
The company’s 50-day moving average is $7.65 and its 200 day moving average is $6.92. The stock’s market capitalization is $56.84 million.
Conifer Holdings (NASDAQ:CNFR) last announced its quarterly earnings results on Thursday, August 11th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.06. Equities analysts forecast that Conifer Holdings Inc. will post ($0.40) EPS for the current year.
Conifer Holdings, Inc is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal product lines. It operates through two segments: commercial lines and personal lines. It is engaged in underwriting and marketing insurance coverage, and administering claims processing for such policies.
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