25 Sep Kingsway Financial Services (NYSE:KFS) Stock Price Crosses …
Kingsway Financial Services Inc (NYSE:KFS) (TSE:KFS)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.59 and traded as high as $2.40. Kingsway Financial Services shares last traded at $2.37, with a volume of 18,012 shares changing hands.
The firm has a fifty day simple moving average of $2.76 and a two-hundred day simple moving average of $2.59.
Several large investors have recently added to or reduced their stakes in KFS. LSV Asset Management purchased a new position in shares of Kingsway Financial Services during the 1st quarter valued at about $196,000. BlackRock Inc. purchased a new position in shares of Kingsway Financial Services during the 2nd quarter valued at about $41,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Kingsway Financial Services by 6.5% during the 2nd quarter. Renaissance Technologies LLC now owns 267,838 shares of the insurance provider’s stock valued at $656,000 after buying an additional 16,309 shares in the last quarter. 29.01% of the stock is currently owned by hedge funds and other institutional investors.
Kingsway Financial Services Company Profile (NYSE:KFS)
Kingsway Financial Services Inc, through its subsidiaries, provides property and casualty insurance products in the United States. The company operates through three segments: Insurance Underwriting, Extended Warranty, and Leased Real Estate. The Insurance Underwriting segment offers various automobile insurance products, including liability insurance that covers claims against its insured’s responsible for automobile accidents; accident benefit policies or personal injury protection policies that provide coverage for loss of income, medical, and rehabilitation expenses for insured persons who are injured in an automobile accident; and physical damage policies, which cover damages to an insured automobile arising from a collision with another object, as well as from other risks, such as fire or theft.
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