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

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

Global Indemnity Group Stock Down 0.9 %

GBLI stock opened at $35.67 on Tuesday. The company’s fifty day simple moving average is $35.72 and its 200 day simple moving average is $34.01. Global Indemnity Group has a 12-month low of $27.47 and a 12-month high of $37.00. The firm has a market cap of $488.32 million, a price-to-earnings ratio of 12.26 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.