Alert: Negative Investment/Fundamental Signals (11/8/23)-Global Indemnity Group LLC (NYSE: GBLI)


Recent extremely meaningful negative changes in investment behavior have impacted Global Indemnity Group LLC (NYSE: GBLI): its shorter term price trend turned down, and the stock fell on very heavy volume.

Recent significant negative changes in fundamentals have impacted Global Indemnity Group LLC (NYSE: GBLI): 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.


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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Global Indemnity Group has a neutral Appreciation Score of 41 but a very high Power Rating of 97, and the Positive Value Trend Rating results.

Recent Price Action

On 11/8/23, Global Indemnity Group LLC (NYSE: GBLI) stock suffered a large decline of -2.7%, closing at $34.00. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.7% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.