Insider Buying: Presurance (NASDAQ:PRHI) Director Purchases $17,517.28 in Stock

Presurance Holdings, Inc. (NASDAQ:PRHI) Director James Grant Smith acquired 23,672 shares of the business’s stock in a transaction dated Monday, April 13th. The shares were bought at an average cost of $0.74 per share, for a total transaction of $17,517.28. Following the transaction, the director directly owned 60,922 shares in the company, valued at approximately $45,082.28. This represents a 63.55% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

James Grant Smith also recently made the following trade(s):

• On Monday, April 6th, James Grant Smith acquired 1,100 shares of Presurance stock. The shares were bought at an average cost of $0.80 per share, for a total transaction of $880.00.

Presurance Price Performance

PRHI stock opened at $0.70 on Thursday. The company has a market cap of $18.23 million, a PE ratio of -0.46 and a beta of 0.90. The stock’s 50-day moving average is $0.70. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.36. Presurance Holdings, Inc. has a 1 year low of $0.48 and a 1 year high of $2.83.

Presurance (NASDAQ:PRHI) last posted its earnings results on Friday, March 27th. The company reported ($1.24) earnings per share for the quarter. Presurance had a negative return on equity of 107.54% and a negative net margin of 42.58%.The business had revenue of $4.62 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Presurance in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

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.