Global Indemnity Group, LLC (NASDAQ:GBLI - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.43 and traded as high as $35.49. Global Indemnity Group shares last traded at $34.74, with a volume of 2,302 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Global Indemnity Group in a research note on Saturday. They issued a "buy" rating on the stock.
View Our Latest Analysis on Global Indemnity Group
Global Indemnity Group Price Performance
The stock's fifty day moving average is $35.58 and its 200-day moving average is $33.43. The stock has a market capitalization of $475.58 million, a P/E ratio of 11.94 and a beta of 0.42.
Global Indemnity Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This represents a $1.40 dividend on an annualized basis and a yield of 4.03%. Global Indemnity Group's payout ratio is currently 48.11%.
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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