Global Indemnity Group, LLC (NASDAQ:GBLI - Get Free Report)'s share price crossed 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.
Separately, StockNews.com assumed coverage on shares of Global Indemnity Group in a research report on Saturday. They issued a "buy" rating on the stock.
Get Our Latest Stock Report on Global Indemnity Group
The company has a 50-day simple moving average of $35.58 and a 200 day simple moving average of $33.43. The company has a market capitalization of $475.58 million, a P/E ratio of 9.57 and a beta of 0.42.
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were given a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This represents a $1.40 annualized dividend and a yield of 4.03%. Global Indemnity Group's dividend payout ratio is 48.11%.
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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