Kingstone Companies (NASDAQ:KINS – Get Free Report) issued its quarterly earnings results on Thursday. The insurance provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04, Zacks reports. Kingstone Companies had a net margin of 10.60% and a return on equity of 32.55%.
Kingstone Companies Stock Performance
Shares of NASDAQ:KINS traded down $0.60 during midday trading on Thursday, reaching $13.67. The company’s stock had a trading volume of 297,671 shares, compared to its average volume of 285,038. The firm has a market capitalization of $168.81 million, a PE ratio of 10.52 and a beta of 0.71. Kingstone Companies has a twelve month low of $3.72 and a twelve month high of $19.18. The stock has a fifty day moving average of $15.96 and a 200 day moving average of $13.25. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.29.
Insider Transactions at Kingstone Companies
In other news, Director William L. Yankus sold 10,253 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $16.18, for a total value of $165,893.54. Following the sale, the director now owns 91,834 shares in the company, valued at $1,485,874.12. This represents a 10.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 12.20% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Research Report on KINS
Kingstone Companies Company Profile
Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.
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