Global Indemnity Group, LLC (NASDAQ:GBLI - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Global Indemnity Group in a research note on Saturday. They issued a "buy" rating on the stock.
Check Out Our Latest Analysis on Global Indemnity Group
Global Indemnity Group Stock Performance
The stock has a market cap of $475.58 million, a price-to-earnings ratio of 11.94 and a beta of 0.42. The company's 50 day simple moving average is $35.58 and its 200 day simple moving average is $33.43.
Global Indemnity Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 24th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend was Tuesday, December 24th. Global Indemnity Group's dividend payout ratio is presently 48.11%.
About Global Indemnity Group
(
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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.
Further Reading
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