News headlines about Global Indemnity (NASDAQ:GBLI) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Global Indemnity earned a news impact score of 0.08 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 44.8418270448433 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
GBLI stock traded down $0.02 during trading on Tuesday, reaching $40.18. The stock had a trading volume of 19,956 shares, compared to its average volume of 14,229. Global Indemnity has a 1-year low of $32.22 and a 1-year high of $49.91. The firm has a market capitalization of $550.29, a P/E ratio of 99.51 and a beta of 1.05.
Global Indemnity (NASDAQ:GBLI) last issued its quarterly earnings data on Wednesday, February 28th. The insurance provider reported ($0.39) EPS for the quarter. Global Indemnity had a positive return on equity of 0.90% and a negative net margin of 1.97%. The firm had revenue of $124.49 million during the quarter.
A number of equities analysts have commented on GBLI shares. BidaskClub lowered shares of Global Indemnity from a “sell” rating to a “strong sell” rating in a report on Tuesday, February 27th. TheStreet lowered shares of Global Indemnity from a “b” rating to a “c+” rating in a report on Thursday, March 1st.
In other news, Director Bruce R. Lederman acquired 1,000 shares of the business’s stock in a transaction on Tuesday, March 6th. The shares were purchased at an average price of $37.19 per share, for a total transaction of $37,190.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 53.30% of the company’s stock.
About Global Indemnity
Global Indemnity Limited, through its subsidiaries, provides insurance and reinsurance products and services in the United States and internationally. The company operates through three segments: Commercial Lines, Personal Lines, and Reinsurance Operations. The Commercial Lines segment distributes property, general liability, casualty, and professional lines products, as well as products for vacant, and under construction and renovation dwellings.
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