StockNews.com Begins Coverage on Global Indemnity Group (NASDAQ:GBLI)

Analysts at StockNews.com started coverage on shares of Global Indemnity Group (NASDAQ:GBLI) in a report released on Thursday. The brokerage set a “buy” rating on the insurance provider’s stock.

Global Indemnity Group Stock Down 0.4 %

Shares of Global Indemnity Group stock opened at $36.11 on Thursday. The stock has a market capitalization of $494.27 million, a P/E ratio of 12.41 and a beta of 0.42. Global Indemnity Group has a 12-month low of $27.47 and a 12-month high of $37.00. The company has a 50-day simple moving average of $35.35 and a 200 day simple moving average of $33.12.

Global Indemnity Group Company Profile

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.