Conifer (NASDAQ:CNFR) Announces Quarterly Earnings Results

Conifer (NASDAQ:CNFR) issued its quarterly earnings results on Friday. The insurance provider reported ($2.11) EPS for the quarter, Zacks reports. Conifer had a net margin of 34.76% and a negative return on equity of 335.82%.

Conifer Trading Up 1.9 %

CNFR stock traded up $0.01 during mid-day trading on Friday, reaching $0.66. The company’s stock had a trading volume of 31,031 shares, compared to its average volume of 509,156. Conifer has a 12 month low of $0.60 and a 12 month high of $1.91. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average price is $0.93 and its 200 day moving average price is $1.05. The company has a market cap of $8.04 million, a price-to-earnings ratio of 0.27 and a beta of 0.55.

Conifer Company Profile

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.