GBLI Stock Summary and Trading Ideas (Global Indemnity Group Llc Class A Common (De) | NYSE:GBLI)

Global Indemnity Group LLC provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. The company's three primary segments are Commercial Specialty, Reinsurance operations, and Exited Lines. The majority of its revenue is from the Commercial Specialty segment. Geographically, the majority is from California.

Global Indemnity Group Llc Class A Common (De) trades on the NYSE stock market under the symbol GBLI.

As of April 19, 2024, GBLI stock price was flat at $32.50 with 1,710 million shares trading.

GBLI has a market cap of $441.32 million. This is considered a Small Cap stock.

Last quarter Global Indemnity Group Llc Class A Common (De) reported $109 million in Revenue and $1.28 earnings per share. This fell short of revenue expectation by $-32 million and exceeded earnings estimates by $.74.

In the last 3 years, GBLI stock traded as high as $37.00 and as low as $20.52.

GBLI has outperformed the market in the last year with a price return of +21.5% while the SPY ETF gained +21.2%. GBLI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +9.6% and +9.0%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

GBLI support price is $31.21 and resistance is $33.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GBLI stock will trade within this expected range on the day.