The Stock of the Insurer Kingstone Breaks out to a new Annual High on Increased Volume and is Getting Ready for Trend Following!

Kingstone offers property and accident insurance for individuals and small businesses, although the company faced financial difficulties in recent years. Revenue declined and losses accumulated. However, with the appointment of Meryl Golden as CEO in the summer of 2023, this changed and growth began to pick up again. On April 3, the company announced its intention to collaborate with Kyber Technologies to automate claims correspondence using the AI solution developed by Kyber. On April 1, the full-year forecast was raised, now projecting earnings...