Equities researchers at StockNews.com assumed coverage on shares of Global Indemnity Group (NASDAQ:GBLI - Get Free Report) in a research report issued to clients and investors on Tuesday. The firm set a "buy" rating on the insurance provider's stock.
Global Indemnity Group Stock Down 0.2 %
GBLI stock traded down $0.08 on Tuesday, reaching $36.17. 3,140 shares of the company's stock were exchanged, compared to its average volume of 4,272. The stock has a fifty day moving average of $34.83 and a 200-day moving average of $32.72. The firm has a market cap of $495.12 million, a PE ratio of 12.43 and a beta of 0.42. Global Indemnity Group has a twelve month low of $27.47 and a twelve month high of $37.00.
Institutional Trading of Global Indemnity Group
A hedge fund recently bought a new stake in Global Indemnity Group stock. Innealta Capital LLC purchased a new stake in Global Indemnity Group, LLC (NASDAQ:GBLI - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,768 shares of the insurance provider's stock, valued at approximately $55,000. 37.40% of the stock is owned by institutional investors and hedge funds.
Global Indemnity Group Company Profile
(
Get Free Report)
Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products worldwide. It operates in two segments, Penn-America and Non-Core Operations. The company distributes property and general liability products for small commercial businesses through a network of wholesale general agents; and property and general liability niche products through program administrators with specific binding authority.
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