Is This Stock a Screaming Buy: Kingstone Companies, Inc. (NASDAQ:KINS)

Equity Research firms currently have a positive stance on shares of Kingstone Companies, Inc. (NASDAQ:KINS). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $11.50 on a short term basis.

At the time of writing, the stock was trading at $9.72. This represents a change from the opening price of -0.72%. In terms of performance, year to date, the stock is 8.17%. The monthly stock performance comes in at 5.59%. For the quarter, shares are performing at 10.62%. Weekly performance analysis shows the equity at 4.12%.

In taking a look at technical levels, shares are trading 6.77% away from the 50 day simple moving average and 12.08% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -2.80% away from it’s 52- week high and 34.81% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Kingstone Companies, Inc.’s RSI stands at 69.07. In looking at volatility levels, the shares saw weekly volatility of 3.02% and 2.31% over the past month.

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