Presurance (NASDAQ:PRHI) CEO Brian Roney Purchases 100,000 Shares

Presurance Holdings, Inc. (NASDAQ:PRHI) CEO Brian Roney acquired 100,000 shares of Presurance stock in a transaction that occurred on Wednesday, April 1st. The stock was acquired at an average cost of $0.72 per share, for a total transaction of $72,000.00. Following the completion of the purchase, the chief executive officer directly owned 510,232 shares of the company’s stock, valued at $367,367.04. This represents a 24.38% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Presurance Trading Up 5.7%

Shares of NASDAQ PRHI opened at $0.77 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.78 and a current ratio of 0.68. The firm has a market capitalization of $20.24 million, a P/E ratio of -0.51 and a beta of 0.90. Presurance Holdings, Inc. has a 12 month low of $0.42 and a 12 month high of $2.83. The business’s 50-day simple moving average is $0.69.

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

Analyst Ratings Changes

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