Kingstone Cos Inc (NASDAQ: KINS) stock closed at $8.38 on 8/13/24 after a major increase of 11.7%. Moreover, exceptionally high trading volume at 398% of normal accompanied the advance. The stock has risen 22.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be below the cost of capital, KINS is expected to continue to be a modest Value Eraser.
Kingstone has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Kingstone has a neutral Appreciation Score of 44 but a very high Power Rating of 100, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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