NasdaqGS:PLMRInsurance
A Look At Palomar Holdings (PLMR) Valuation After New US$125 Million Shelf Registration Filing
Palomar Holdings (PLMR) recently filed a shelf registration for up to US$125.05 million in common stock, covering 1,035,613 shares. This filing gives the insurer flexibility to issue equity for future ESOP related initiatives.
See our latest analysis for Palomar Holdings.
Against this backdrop, Palomar’s 1 day share price return of 1.53% and recent 30 day gain of 3.35% contrast with a softer year to date share price return of 6.15% and a 1 year total shareholder return of 3.85%. At the same...