Greenlight Capital Re, Ltd. (NASDAQ:GLRE - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.95 and traded as high as $14.08. Greenlight Capital Re shares last traded at $13.73, with a volume of 100,033 shares.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Greenlight Capital Re from a "hold" rating to a "buy" rating in a report on Friday, January 31st.
View Our Latest Analysis on GLRE
Greenlight Capital Re Price Performance
The firm has a market cap of $485.91 million, a PE ratio of 5.54 and a beta of 0.88. The stock's fifty day moving average price is $13.71 and its 200-day moving average price is $13.95. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.02 and a quick ratio of 3.02.
Institutional Investors Weigh In On Greenlight Capital Re
A number of large investors have recently modified their holdings of GLRE. CWA Asset Management Group LLC purchased a new stake in shares of Greenlight Capital Re during the third quarter worth $4,972,000. Metis Global Partners LLC purchased a new stake in shares of Greenlight Capital Re during the third quarter worth $272,000. Empowered Funds LLC grew its holdings in shares of Greenlight Capital Re by 232.8% in the third quarter. Empowered Funds LLC now owns 66,852 shares of the financial services provider's stock valued at $913,000 after purchasing an additional 46,764 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Greenlight Capital Re by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 77,154 shares of the financial services provider's stock valued at $1,053,000 after purchasing an additional 2,318 shares during the period. Finally, Independent Advisor Alliance grew its holdings in shares of Greenlight Capital Re by 5.5% in the third quarter. Independent Advisor Alliance now owns 61,127 shares of the financial services provider's stock valued at $834,000 after purchasing an additional 3,200 shares during the period. Hedge funds and other institutional investors own 41.52% of the company's stock.
About Greenlight Capital Re
(
Get Free Report)
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.
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