Conifer (NASDAQ:CNFR) Posts Quarterly Earnings Results

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

Conifer Stock Performance

Shares of CNFR stock opened at $0.66 on Friday. 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 has a 12-month low of $0.60 and a 12-month high of $1.91. The stock has a 50 day simple moving average of $0.92 and a 200-day simple moving average of $1.05. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.34.

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.