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

Kingstone Companies (NASDAQ:KINS) updated its FY 2024 earnings guidance on Wednesday. The company provided EPS 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, hitting $3.89. The company had a trading volume of 9,619 shares, compared to its average volume of 21,393. The company has a market cap of $41.86 million, a P/E ratio of -3.19 and a beta of 0.56. Kingstone Companies has a 52 week low of $1.04 and a 52 week high of $4.27. The business’s 50-day moving average is $3.38 and its 200 day moving average is $2.59. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.50.

Hedge Funds Weigh In On Kingstone Companies

A hedge fund recently raised its stake in Kingstone Companies stock. Advisor Group Holdings Inc. boosted its position in shares of Kingstone Companies, Inc. (NASDAQ:KINS) by 11.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 63,661 shares of the insurance provider’s stock after purchasing an additional 6,679 shares during the period. Advisor Group Holdings Inc. owned 0.60% of Kingstone Companies worth $339,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.91% of the company’s stock.

About Kingstone Companies

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.