Kingstone Companies (NASDAQ:KINS) Updates FY 2024 Earnings Guidance

Kingstone Companies (NASDAQ:KINS) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.500-0.900 for the period. The company issued revenue guidance of -.

Kingstone Companies Price Performance

Shares of NASDAQ:KINS traded up $0.05 during trading on Wednesday, reaching $3.89. The company had a trading volume of 9,619 shares, compared to its average volume of 21,393. The firm’s fifty day moving average is $3.38 and its 200 day moving average is $2.59. The firm has a market capitalization of $41.86 million, a PE ratio of -3.15 and a beta of 0.56. Kingstone Companies has a twelve month low of $1.04 and a twelve month high of $4.27. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.50.

Institutional Trading of Kingstone Companies

An institutional investor recently bought a new position in Kingstone Companies stock. Millennium Management LLC purchased a new position in Kingstone Companies, Inc. (NASDAQ:KINS) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 90,041 shares of the insurance provider’s stock, valued at approximately $122,000. Millennium Management LLC owned 0.85% of Kingstone Companies at the end of the most recent quarter. 14.91% of the stock is currently owned by institutional investors.

Kingstone Companies Company Profile

Kingstone Companies, Inc, through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, including homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies.