Global Indemnity Group (NASDAQ:GBLI) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Global Indemnity Group (NASDAQ:GBLI) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the insurance provider’s stock.

Global Indemnity Group Stock Performance

Shares of GBLI opened at $36.00 on Thursday. The stock has a 50 day simple moving average of $35.26 and a 200 day simple moving average of $33.06. Global Indemnity Group has a 52-week low of $27.47 and a 52-week high of $37.00. The firm has a market capitalization of $492.77 million, a PE ratio of 12.37 and a beta of 0.42.

About Global Indemnity Group

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.