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NI (NASDAQ:NODK) Posts Earnings Results


NI (NASDAQ:NODK) Posts  Earnings Results

NI (NASDAQ:NODK - Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.47 earnings per share for the quarter, Zacks reports. NI had a negative net margin of 1.63% and a positive return on equity of 1.16%.

Shares of NODK stock traded up $0.60 during trading hours on Friday, hitting $14.85. 37,539 shares of the company were exchanged, compared to its average volume of 12,386. The stock has a market capitalization of $306.64 million, a price-to-earnings ratio of -53.04 and a beta of 0.33. The firm has a fifty day simple moving average of $14.80 and a 200 day simple moving average of $15.36. NI has a 52-week low of $13.47 and a 52-week high of $17.24.

NI Holdings, Inc underwrites property and casualty insurance products in the United States. Its products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota.

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