Alert: Negative Investment/Fundamental Signals (12/8/23)-Global Indemnity Group LLC (NYSE: GBLI)

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Global Indemnity Group LLC (NYSE: GBLI) suffers from extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.

Global Indemnity Group LLC (NYSE: GBLI) has recently experienced notable negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, GBLI is expected to continue to be a modest Value Eraser.

Global Indemnity Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Global Indemnity Group has a neutral Appreciation Score of 41 but a very high Power Rating of 95, producing the Positive Value Trend Rating.

Recent Price Action

Global Indemnity Group LLC (NYSE: GBLI) stock closed at $28.75 on 12/8/23 after being unchanged was unchanged. Moreover, this flat performance was accompanied by exceptionally high trading volume at 808% of normal. The stock has declined -14.9% during the last week but has been exceptionally strong relative to the market over the last nine months.

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