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Global Indemnity Group (NASDAQ:GBLI) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

Global Indemnity Group logo with Finance background

Global Indemnity Group, LLC (NASDAQ:GBLI - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $33.27 and traded as high as $36.22. Global Indemnity Group shares last traded at $36.22, with a volume of 1,957 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Global Indemnity Group in a report on Friday. They set a "buy" rating on the stock.

View Our Latest Stock Report on GBLI

Global Indemnity Group Stock Performance

The stock has a fifty day moving average price of $35.55 and a two-hundred day moving average price of $33.27. The firm has a market capitalization of $487.29 million, a P/E ratio of 12.23 and a beta of 0.42.

Global Indemnity Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th were paid a dividend of $0.35 per share. The ex-dividend date was Tuesday, December 24th. This represents a $1.40 annualized dividend and a yield of 3.93%. Global Indemnity Group's dividend payout ratio (DPR) is 48.11%.

About Global Indemnity Group

(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.

See Also

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