Kingsway Financial Services Inc. (NYSE:KFS - Get Free Report) TSE: KFS crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.31 and traded as high as $9.39. Kingsway Financial Services shares last traded at $8.93, with a volume of 44,104 shares traded.
Kingsway Financial Services Trading Down 1.1 %
The business's 50 day moving average is $8.53 and its 200-day moving average is $8.31. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.41 and a quick ratio of 0.55.
Institutional Trading of Kingsway Financial Services
Several large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its holdings in shares of Kingsway Financial Services by 193.0% during the 1st quarter. BNP Paribas Financial Markets now owns 9,679 shares of the insurance provider's stock valued at $81,000 after acquiring an additional 6,376 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Kingsway Financial Services by 25.8% during the second quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider's stock worth $102,000 after purchasing an additional 2,534 shares during the last quarter. DHK Financial Advisors Inc. acquired a new position in shares of Kingsway Financial Services in the second quarter valued at approximately $303,000. Bank of New York Mellon Corp raised its holdings in Kingsway Financial Services by 21.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,793 shares of the insurance provider's stock valued at $311,000 after buying an additional 6,778 shares during the last quarter. Finally, Annandale Capital LLC boosted its position in Kingsway Financial Services by 2.6% during the 2nd quarter. Annandale Capital LLC now owns 128,200 shares of the insurance provider's stock worth $1,056,000 after buying an additional 3,200 shares during the period. 72.38% of the stock is owned by institutional investors and hedge funds.
About Kingsway Financial Services
(
Get Free Report)
Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.
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