Ranger Bermuda Topco (NASDAQ:KG) Announces 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 company had revenue of $10.21 million during the quarter.

Ranger Bermuda Topco Trading Down 4.7%

NASDAQ:KG opened at $10.48 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $81.12 million, a price-to-earnings ratio of 1.01 and a beta of 0.71. Ranger Bermuda Topco has a 52 week low of $8.07 and a 52 week high of $36.80.

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 bought a new stake in Ranger Bermuda Topco Ltd (NASDAQ:KG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 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 SEC filing. 21.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on Ranger Bermuda Topco in a research note on Tuesday, February 10th. They set a “sell (d-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus 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.