11Mon·

$KNSL (-0.56%) Does anyone have this share and can explain the constant fluctuations? I can't find any news about it

9 Comments

Heinrich@stock_strategist_86

11Mon

Got them. Quarterly figures and all.

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SemiGrowth@SemiGrowth

11Mon

@stock_strategist_86 Well, they were yesterday and not bad, were they? They also dropped on April 2, so there were certainly no quarterly figures there

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Kevin E.@KevinE

11Mon

@SemiGrowth Depending on the company, countless topics play a role. Labor market data, the economic situation, inflation figures, projections on who will be the next president, economic and military disputes, the price of oil, the publication of relevant studies, quarterly figures from competitors, ... and countless other effects.

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SemiGrowth@SemiGrowth

11Mon

@KevinC I realize that, but there is a day with +-20% almost every month

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Heinrich@stock_strategist_86

11Mon

And although Kinsale is a very successful company, it is also crazy valued and if something doesn't fit, then it goes downhill. But yesterday that was the reaction to the quarterly figures.

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SemiGrowth@SemiGrowth

11Mon

@stock_strategist_86 so for me a forward P/E ratio of 25 is rather favorable given the growth, but thanks

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Heinrich@stock_strategist_86

11Mon

@SemiGrowth yes in the meantime, but still very high compared to the other insurers. According to the share guide, the short ratio is 5%.

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SemiGrowth@SemiGrowth

11Mon

@stock_strategist_86 Yes, they are also very volatile due to the huge investment portfolio, which is not too passively positioned, and it is also a high-risk insurer. I still find it exciting

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Marcel@black_

9Mon

Small cap, therefore little liquidity, so this can happen from time to time

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