StockNews.com lowered shares of Greenlight Capital Re (NASDAQ:GLRE – Free Report) from a buy rating to a hold rating in a research note released on Wednesday.
Greenlight Capital Re Stock Performance
NASDAQ GLRE opened at $13.22 on Wednesday. The firm has a market capitalization of $460.48 million, a price-to-earnings ratio of 5.25 and a beta of 0.86. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.09. The firm’s 50 day simple moving average is $13.64 and its 200 day simple moving average is $13.94. Greenlight Capital Re has a 1 year low of $11.72 and a 1 year high of $15.82.
Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) last issued its quarterly earnings data on Monday, March 10th. The financial services provider reported ($0.81) EPS for the quarter, missing the consensus estimate of $0.59 by ($1.40). The company had revenue of $143.76 million during the quarter. Greenlight Capital Re had a net margin of 12.38% and a return on equity of 13.95%.
Hedge Funds Weigh In On Greenlight Capital Re
About Greenlight Capital Re
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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