Stock Rating Downgrade
In the last week the Value Trend Rating for Global Indemnity Group LLC (NYSE: GBLI) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Global Indemnity Group LLC (NYSE: GBLI) stock closed at $32.50 on 4/12/24 after a modest decline of -1.3%. However, this decline was accompanied by exceptionally low trading volume at 13% of normal. The stock has risen 6.1% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
GBLI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Global Indemnity Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Global Indemnity Group has a neutral Appreciation Score of 43 but a poor Power Rating of 27, and the Negative Value Trend Rating results.
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