8Lun·

$KNSL (-0,06 %) Does anyone have this share and can explain the constant fluctuations? I can't find any news about it

9 Comentarios

Got them. Quarterly figures and all.
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@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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@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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@KevinC I realize that, but there is a day with +-20% almost every month
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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@stock_strategist_86 so for me a forward P/E ratio of 25 is rather favorable given the growth, but thanks
@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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@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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Small cap, therefore little liquidity, so this can happen from time to time
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