Ranger Bermuda Topco (NASDAQ:KG) Posts Quarterly Earnings Results

Ranger Bermuda Topco (NASDAQ:KG) issued its quarterly earnings data on Friday. The company reported ($1.34) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $10.19 million during the quarter. Ranger Bermuda Topco had a net margin of 81.41% and a negative return on equity of 25.46%.

Ranger Bermuda Topco Price Performance

Shares of NASDAQ:KG opened at $11.87 on Friday. The firm has a market capitalization of $108.97 million, a price-to-earnings ratio of 1.06 and a beta of 0.63. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.68 and a quick ratio of 0.68. The stock’s 50-day moving average price is $11.67. Ranger Bermuda Topco has a 12 month low of $8.07 and a 12 month high of $36.80.

Institutional Investors Weigh In On Ranger Bermuda Topco

An institutional investor recently bought a new position in Ranger Bermuda Topco stock. Advisory Services Network LLC bought a new stake in Ranger Bermuda Topco Ltd (NASDAQ:KG) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 50,793 shares of the company’s stock, valued at approximately $520,000. Advisory Services Network LLC owned approximately 0.66% of Ranger Bermuda Topco as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 21.78% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on Ranger Bermuda Topco in a research note on Tuesday, February 10th. They issued a “sell (d-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Ranger Bermuda Topco

Kestrel Group Ltd specializes in providing fronting services to insurance program managers, MGAs, reinsurers and reinsurance brokers. Kestrel Group Ltd, formerly known as Maiden Holdings Ltd., is based in DALLAS.