Kingsway Financial Services (KFS) Earning Favorable News Coverage, Study Finds
News headlines about Kingsway Financial Services (NYSE:KFS) (TSE:KFS) have trended positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kingsway Financial Services earned a daily sentiment score of 0.31 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
Shares of Kingsway Financial Services (KFS) traded down 0.81% during midday trading on Friday, hitting $6.10. 23,499 shares of the stock traded hands. The firm has a market capitalization of $142.80 million, a PE ratio of 554.55 and a beta of 0.27. The company’s 50-day moving average is $6.16 and its 200 day moving average is $6.03. Kingsway Financial Services has a 52 week low of $5.07 and a 52 week high of $6.50.
In related news, Director Joseph Stilwell acquired 4,200 shares of the stock in a transaction that occurred on Wednesday, June 28th. The shares were bought at an average price of $6.06 per share, for a total transaction of $25,452.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have purchased 37,296 shares of company stock worth $222,967. 44.97% of the stock is owned by insiders.
Kingsway Financial Services Company Profile
Kingsway Financial Services Inc is a holding company. The Company operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business. The Company operates through Insurance Underwriting segment. Its Insurance Underwriting segment provides non-standard automobile insurance to individuals who do not meet the criteria for coverage by standard automobile insurers.
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