Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Global Indemnity (GBLI) Share Price

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.

How to Become a New Pot Stock Millionaire

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.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Wednesday, March 21st were issued a $0.25 dividend. The ex-dividend date was Tuesday, March 20th. This represents a $1.00 dividend on an annualized basis and a yield of 2.49%.

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.

TRADEMARK VIOLATION WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Global Indemnity (GBLI) Share Price” was originally published by registrarjournal.com and is the sole property of of registrarjournal.com. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://registrarjournal.com/2018/04/17/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-global-indemnity-gbli-share-price.html.

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.

Insider Buying and Selling by Quarter for Global Indemnity (NASDAQ:GBLI)

Receive News & Ratings for Global Indemnity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Indemnity and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply