BidaskClub downgraded shares of Global Indemnity PLC (NASDAQ:GBLI) from a hold rating to a sell rating in a report released on Friday morning.

Shares of Global Indemnity PLC (NASDAQ GBLI) traded down 0.21% during mid-day trading on Friday, reaching $38.68. 440 shares of the company’s stock traded hands. The firm has a 50-day moving average of $39.25 and a 200 day moving average of $38.69. The company has a market cap of $679.22 million, a P/E ratio of 12.37 and a beta of 0.89. Global Indemnity PLC has a 12-month low of $27.60 and a 12-month high of $41.60.

ILLEGAL ACTIVITY NOTICE: This news story was originally posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international copyright laws. The correct version of this news story can be viewed at https://www.watchlistnews.com/global-indemnity-plc-nasdaqgbli-lowered-to-sell-at-bidaskclub/1465946.html.

In other news, Director Joseph W. Brown purchased 2,000 shares of the stock in a transaction dated Thursday, May 11th. The shares were purchased at an average cost of $38.50 per share, with a total value of $77,000.00. Following the completion of the acquisition, the director now owns 6,054 shares in the company, valued at approximately $233,079. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 53.30% of the company’s stock.

Global Indemnity PLC Company Profile

Global Indemnity Limited is a holding company. The Company, through its subsidiary insurance and reinsurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance across the world.

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