Global Indemnity (GBLI) Receiving Somewhat Favorable News Coverage, Report Shows

News stories about Global Indemnity (NASDAQ:GBLI) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Global Indemnity earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 45.5571406935165 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Separately, BidaskClub raised Global Indemnity from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th.

Global Indemnity (NASDAQ:GBLI) opened at $41.95 on Friday. The firm has a market capitalization of $689.63, a PE ratio of 14.32 and a beta of 0.87. Global Indemnity has a 52-week low of $34.00 and a 52-week high of $49.91.

In related news, CEO Cynthia Y. Valko sold 15,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $41.10, for a total transaction of $616,500.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 53.30% of the stock is owned by corporate insiders.

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About Global Indemnity

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.

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

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