Global Indemnity Group (NASDAQ:GBLI) Earns Buy Rating from Analysts at StockNews.com

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

Global Indemnity Group Stock Performance

Shares of GBLI stock opened at $36.22 on Friday. The company has a market capitalization of $495.78 million, a P/E ratio of 12.45 and a beta of 0.42. Global Indemnity Group has a fifty-two week low of $27.47 and a fifty-two week high of $37.00. The stock has a 50 day moving average price of $35.55 and a two-hundred day moving average price of $33.27.

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.