Market Update: Kingstone Cos. Inc (KINS) Sees Negative Movement, Closing at 17.00

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Kingstone Cos. Inc (NASDAQ: KINS) closed at $17.00 down -15.51% from its previous closing price of $20.12. In other words, the price has decreased by -$15.51 from its previous closing price. On the day, 1.05 million shares were traded. KINS stock price reached its highest trading level at $19.8928 during the session, while it also had its lowest trading level at $16.8386.

Ratios:

For a deeper understanding of Kingstone Cos. Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.17.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on July 16, 2024, initiated with a Buy rating and assigned the stock a target price of $6.50.

Compass Point reiterated its Buy rating for the stock on November 14, 2014, while the target price for the stock was revised from $8.50 to $10.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 13 ’24 when Yankus William L sold 10,253 shares for $16.18 per share. The transaction valued at 165,894 led to the insider holds 91,834 shares of the business.

Yankus William L bought 10,253 shares of KINS for $166,180 on Dec 09 ’24. On Nov 26 ’24, another insider, BRODSKY VICTOR J, who serves as the Chief Accounting Officer of the company, sold 5,000 shares for $16.08 each. As a result, the insider received 80,395 and left with 44,556 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KINS now has a Market Capitalization of 233423600 and an Enterprise Value of 215925616. As of this moment, Kingstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.71, and their Forward P/E ratio for the next fiscal year is 6.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 3.29. Its current Enterprise Value per Revenue stands at 1.392 whereas that against EBITDA is 7.382.

Stock Price History:

The Beta on a monthly basis for KINS is 0.57, which has changed by 2.962704 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, KINS has reached a high of $20.16, while it has fallen to a 52-week low of $4.01. The 50-Day Moving Average of the stock is 4.07%, while the 200-Day Moving Average is calculated to be 31.81%.

Shares Statistics:

For the past three months, KINS has traded an average of 301.39K shares per day and 428440 over the past ten days. A total of 12.92M shares are outstanding, with a floating share count of 10.67M. Insiders hold about 22.28% of the company’s shares, while institutions hold 27.42% stake in the company. Shares short for KINS as of 1744675200 were 236145 with a Short Ratio of 0.78, compared to 1741910400 on 193343. Therefore, it implies a Short% of Shares Outstanding of 236145 and a Short% of Float of 1.8099998999999998.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 4.24.

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