Kingsway Financial Services is in the property and casualty insurance industry and is part of the financial services sector. Kingsway Financial Services Inc acts as a merchant bank which is engaged in the property and casualty insurance business. It provides coverage for liability, accident benefits and physical damage.



Previous Intraday Performance:

The KFS shares had a previous change of 0.74% which opened at 2.45 and closed at 2.44. It moved to an intraday high of 2.48 and a low of 2.35.

SeekingAlpha:  Kingsway Financial finds more changes for 2018 annual filing

Historical Performance:

Over the last five trading days, KFS shares returned -5.69% and in the past 30 trading days it returned 8.36%. Over three months, it changed 5.09%. In one year it has changed -22.60% and within that year its 52 week high was 3.55 and its 52 week low was 1.82. KFS stock is 34.16% above its 52 week low.

Our calculations result in a 200 day moving average of 2.51 and a 50 day moving average of 2.51. Right now, KFS stock is trading -2.95% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

PR Newswire:  Kingsway Provides Further Update on 2018 Form 10-K Filing

Liquidity:

The company has a market cap of $53.1m with 21.8m shares outstanding and a float of 13.7m shares. Trading volume was 21,658 shares and has experienced an average volume of 11,910 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Kingsway Financial Services was -1.23 which ended on 31st of December 2018.

Below was the last reported quarterly diluted earnings per share:

4thQtr 2018Reported 03-14-2019: -0.52
3rdQtr 2018Reported 11-08-2018: -0.20
2ndQtr 2018Reported 08-01-2018: -0.40
1stQtr 2018Reported 05-14-2018: -0.11
4thQtr 2017Reported 02-20-2018: -0.21

The next earnings report will be: 06-13-2019

EPS growth is an important number as it indicates the future prospects of Kingsway Financial Services; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 82.90% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 36.90% of insider ownership and 30.80% of institutional ownership. Short-interest was 34,146, which was 0.16% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.46. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be -0.25.

PR Newswire:  Kingsway Provides Further Update on 2018 Form 10-K Filing

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -6.34%, price-to-sales is -18.07 and price-to-book is 3.86.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 3  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 0  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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