Conifer Holdings Inc [NASDAQ: CNFR] jumped around 0.46 points on Tuesday, while shares priced at $1.15 at the close of the session, up 65.95%.
Compared to the average trading volume of 30.73K shares, CNFR reached a trading volume of 64526349 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Conifer Holdings Inc [CNFR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNFR shares is $0.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNFR stock is a recommendation set at 5.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Boenning & Scattergood have made an estimate for Conifer Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 16, 2017. The new note on the price target was released on April 29, 2016, representing the official price target for Conifer Holdings Inc stock. Previously, the target price had yet another raise to $12, while Sandler O’Neill analysts kept a Buy rating on CNFR stock.
The Average True Range (ATR) for Conifer Holdings Inc is set at 0.15, with the Price to Sales ratio for CNFR stock in the period of the last 12 months amounting to 0.14.
How has CNFR stock performed recently?
Conifer Holdings Inc [CNFR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 76.76. With this latest performance, CNFR shares gained by 46.03% in over the last four-week period, additionally sinking by -11.20% over the last 6 months – not to mention a drop of -24.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNFR stock in for the last two-week period is set at 65.04, with the RSI for the last a single of trading hit 73.35, and the three-weeks RSI is set at 60.39 for Conifer Holdings Inc [CNFR]. The present Moving Average for the last 50 days of trading for this stock 0.8377, while it was recorded at 0.7656 for the last single week of trading, and 1.0401 for the last 200 days.
Conifer Holdings Inc [CNFR]: Deeper insight into the fundamentals
Conifer Holdings Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.75.
Earnings analysis for Conifer Holdings Inc [CNFR]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNFR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Conifer Holdings Inc go to 15.00%.
Insider trade positions for Conifer Holdings Inc [CNFR]
There are presently around $34.51%, or 62.26%% of CNFR stock, in the hands of institutional investors. The top three institutional holders of CNFR stocks are: AEGIS FINANCIAL CORP with ownership of 0.47 million shares, which is approximately 3.8822%. IAT REINSURANCE CO LTD., holding 0.25 million shares of the stock with an approximate value of $$0.19 million in CNFR stocks shares; and IAT REINSURANCE CO LTD., currently with $$25298.0 in CNFR stock with ownership which is approximately 0.2758%.
