Live Price Coverage: What’s Kinsale Capital Group Inc Downside After Today’s Huge Decline?

Live Price Coverage: What's Kinsale Capital Group Inc Downside After Today's Huge Decline?

The stock of Kinsale Capital Group Inc (NASDAQ:KNSL) is a huge mover today! The stock decreased 2.97% or $0.66 on October 5, hitting $21.58. About 125,125 shares traded hands or 14.43% up from the average. Kinsale Capital Group Inc (NASDAQ:KNSL) has risen 6.00% since September 5, 2016 and is uptrending. It has underperformed by 2.26% the S&P500.
The move comes after 7 months negative chart setup for the $444.51M company. It was reported on Oct, 5 by Barchart.com. We have $19.42 PT which if reached, will make NASDAQ:KNSL worth $44.45 million less.

Kinsale Capital Group Inc (NASDAQ:KNSL) Ratings Coverage

Out of 3 analysts covering Kinsale Capital Group (NASDAQ:KNSL), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Kinsale Capital Group has been the topic of 3 analyst reports since August 22, 2016 according to StockzIntelligence Inc. The rating was initiated by Suntrust Robinson on Monday, August 22 with “Buy”. The stock of Kinsale Capital Group Inc (NASDAQ:KNSL) earned “Overweight” rating by JP Morgan on Monday, August 22. The firm has “Outperform” rating by RBC Capital Markets given on Monday, August 22.

According to Zacks Investment Research, “Kinsale Capital Group, Inc. is a specialty insurance company. Its commercial lines offerings include construction, small business, professional liability, excess casualty, energy, general casualty, life sciences, allied health, product liability, healthcare, commercial property, management liability, inland marine, environmental, public entity and commercial insurance. The Company also writes homeowners insurance in the personal lines market. Kinsale Capital Group, Inc. is based in Richmond, Virginia.”

More recent Kinsale Capital Group Inc (NASDAQ:KNSL) news were published by: Marketwatch.com which released: “Kinsale Capital Group Inc.” on April 18, 2011. Also Globenewswire.com published the news titled: “Kinsale Capital Group, Inc. Prices Initial Public Offering” on July 28, 2016. Nasdaq.com‘s news article titled: “Kinsale Capital Group, Inc. Reports 2016 Second Quarter Results” with publication date: September 01, 2016 was also an interesting one.

KNSL Company Profile

Kinsale Capital Group, Inc. is a specialty insurance company. The Firm focuses on the excess and surplus lines (E&S) market in the United States. The Firm operates through the Excess and Surplus Lines Insurance segment. The Firm markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers. The Company’s commercial lines offerings include construction, small business, professional liability, excess casualty, energy, general casualty, life sciences, allied health, product liability, healthcare, commercial property, management liability, inland marine, environmental, public entity and commercial insurance. The Firm also writes homeowners insurance in the personal lines market.

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