StockNews.com Initiates Coverage on Kingstone Companies (NASDAQ:KINS)

StockNews.com began coverage on shares of Kingstone Companies (NASDAQ:KINS) in a research note published on Friday morning. The firm issued a buy rating on the insurance provider’s stock.

Kingstone Companies Price Performance

KINS stock opened at $4.81 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $52.96 million, a PE ratio of -481,000.00 and a beta of 0.54. Kingstone Companies has a 12-month low of $1.04 and a 12-month high of $5.23. The business’s fifty day moving average price is $4.50 and its 200 day moving average price is $3.60.

Kingstone Companies (NASDAQ:KINS) last posted its quarterly earnings data on Monday, May 13th. The insurance provider reported $0.07 earnings per share (EPS) for the quarter. Kingstone Companies had a negative return on equity of 3.04% and a net margin of 0.22%. The firm had revenue of $35.77 million for the quarter. On average, sell-side analysts anticipate that Kingstone Companies will post 0.93 EPS for the current year.

About Kingstone Companies

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.