Ranger Bermuda Topco (NASDAQ:KG) Issues Quarterly Earnings Results

Ranger Bermuda Topco (NASDAQ:KG) announced its quarterly earnings results on Friday. The company reported ($1.06) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $10.21 million during the quarter.

Ranger Bermuda Topco Price Performance

Shares of NASDAQ KG traded down $0.41 during mid-day trading on Friday, reaching $10.59. 37,270 shares of the company traded hands, compared to its average volume of 16,987. Ranger Bermuda Topco has a fifty-two week low of $8.07 and a fifty-two week high of $36.80. The firm has a market capitalization of $81.97 million, a PE ratio of -0.55 and a beta of 0.71. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.68 and a quick ratio of 0.68.

Hedge Funds Weigh In On Ranger Bermuda Topco

An institutional investor recently bought a new position in Ranger Bermuda Topco stock. Advisory Services Network LLC acquired a new position in Ranger Bermuda Topco Ltd (NASDAQ:KG) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 50,793 shares of the company’s stock, valued at approximately $520,000. Advisory Services Network LLC owned approximately 0.66% of Ranger Bermuda Topco as of its most recent filing with the SEC. 21.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on shares of Ranger Bermuda Topco in a research note on Tuesday, February 10th. They set a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Ranger Bermuda Topco presently has an average rating of “Sell”.

Ranger Bermuda Topco Company Profile

Kestrel Group Ltd specializes in providing fronting services to insurance program managers, MGAs, reinsurers and reinsurance brokers. Kestrel Group Ltd, formerly known as Maiden Holdings Ltd., is based in DALLAS.