(NODK) NI Holdings - Ratings and Ratios

NI Holdings, Inc. (NASDAQ:NODK) operates as a property and casualty insurance provider in the United States, specializing in underwriting a diverse range of insurance products. Its offerings include private passenger auto insurance, non-standard automobile coverage, homeowners insurance, farm owners insurance, crop hail insurance, and multi-peril crop insurance, as well as liability insurance policies. Established in 1946, the company is headquartered in Fargo, North Dakota, and functions as a subsidiary of Nodak Mutual Group, Inc. NI Holdings, Inc. primarily serves customers in the Midwest, leveraging a network of independent agents to distribute its products. The companys focus is on providing personalized service and tailored risk management solutions to its policyholders. Web URL: https://www.niholdingsinc.com.

From a technical perspective, NODK is currently trading at $14.24, below its 20-day SMA of $14.61 and 50-day SMA of $15.00. The stocks 200-day SMA stands at $15.36, indicating a bearish trend in recent months. The Average True Range (ATR) of 0.36 reflects relatively low volatility. The 20-day average volume is 13,348 shares, suggesting moderate trading activity.

Fundamentally, NI Holdings, Inc. has a market capitalization of $300.44 million, with a price-to-book (P/B) ratio of 1.24, indicating that the stock is trading slightly above its book value. The price-to-sales (P/S) ratio of 0.77 suggests a reasonable valuation relative to its revenue. The return on equity (RoE) of 0.77 highlights moderate profitability. However, the absence of a forward P/E ratio may indicate uncertainty or limited visibility into the companys future earnings.

Looking ahead, over the next three months, NODK is expected to face headwinds due to its recent underperformance relative to its moving averages. The stocks inability to breach the 50-day SMA of $15.00 may signal continued downward pressure. However, support levels near $14.00 could provide a floor for the stock. From a fundamental standpoint, the companys focus on niche markets and its established presence in the Midwest may help mitigate external pressures. Nonetheless, investors should monitor the stocks ability to reclaim key resistance levels and its operational performance in the coming quarter.