Press coverage about Kingsway Financial Services (NYSE:KFS) (TSE:KFS) has been trending positive this week, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kingsway Financial Services earned a daily sentiment score of 0.30 on AlphaOne’s scale. AlphaOne also assigned media headlines about the insurance provider an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Kingsway Financial Services (NYSE:KFS) remained flat at $5.95 during mid-day trading on Friday. The stock had a trading volume of 50,338 shares. The company’s 50 day moving average is $5.73 and its 200 day moving average is $5.92. The stock has a market capitalization of $127.68 million, a P/E ratio of 297.50 and a beta of 0.68. Kingsway Financial Services has a 1-year low of $4.37 and a 1-year high of $6.50.
In related news, Director Joseph Stilwell bought 5,000 shares of the business’s stock in a transaction on Tuesday, March 21st. The shares were purchased at an average price of $5.90 per share, with a total value of $29,500.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders acquired 85,432 shares of company stock worth $494,467 in the last three months. Insiders own 48.87% of the company’s stock.
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.