Nemes Rush Group LLC Makes New $48,000 Investment in Conifer Holdings, Inc. (NASDAQ:CNFR)

Nemes Rush Group LLC acquired a new position in shares of Conifer Holdings, Inc. (NASDAQ:CNFR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 41,115 shares of the insurance provider’s stock, valued at approximately $48,000. Nemes Rush Group LLC owned 0.34% of Conifer as of its most recent SEC filing.

Conifer Stock Up 3.1 %

Shares of NASDAQ CNFR opened at $0.50 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.34. The firm has a market cap of $6.17 million, a PE ratio of 0.21 and a beta of 0.55. The company’s fifty day simple moving average is $0.89 and its 200 day simple moving average is $1.03. Conifer Holdings, Inc. has a 12-month low of $0.45 and a 12-month high of $1.91.

Conifer (NASDAQ:CNFR) last released its quarterly earnings data on Friday, March 28th. The insurance provider reported ($2.11) earnings per share (EPS) for the quarter. Conifer had a negative return on equity of 335.82% and a net margin of 34.76%. The company had revenue of $14.73 million for the quarter.

About Conifer

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.