41,115 Shares in Conifer Holdings, Inc. (NASDAQ:CNFR) Purchased by Nemes Rush Group LLC

Nemes Rush Group LLC purchased a new stake in shares of Conifer Holdings, Inc. (NASDAQ:CNFR) in the fourth quarter, Holdings Channel.com reports. The firm purchased 41,115 shares of the insurance provider’s stock, valued at approximately $48,000.

Conifer Stock Performance

Shares of Conifer stock opened at $0.50 on Thursday. Conifer Holdings, Inc. has a 52 week low of $0.45 and a 52 week high of $1.91. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average price of $0.89 and a 200-day moving average price of $1.03. The company has a market cap of $6.17 million, a PE ratio of 0.21 and a beta of 0.55.

Conifer (NASDAQ:CNFR) last released its quarterly earnings results on Friday, March 28th. The insurance provider reported ($2.11) EPS for the quarter. The company had revenue of $14.73 million during the quarter. Conifer had a net margin of 34.76% and a negative return on equity of 335.82%.

About Conifer

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.