Extremely important negative changes in investment behavior have recently occurred for Kingsway Financial Services Inc. (NYSE: KFS): the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and its longer term price trend turned down.
Small negative changes in Kingsway Financial Services Inc. (NYSE: KFS) fundamentals have recently occurred: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Kingsway Financial Services has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kingsway Financial Services has a slightly positive Power Rating of 61 and a good Appreciation Score of 84, with the Positive Value Trend Rating the result.
Recent Price Action
On 12/10/24, Kingsway Financial Services Inc. (NYSE: KFS) stock declined slightly by -0.9%, closing at $8.40. Moreover, exceptionally high trading volume at 247% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -5.0% during the last week.
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