Alert: Major Price Decline (12/7/23)-Global Indemnity Group LLC (NYSE: GBLI).


Global Indemnity Group LLC (NYSE: GBLI) stock suffered a major decline of -15.3% on 12/7/23. The shares closed at $28.75. Moreover, trading volume in this decline was exceptionally high at 1826% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -17.1% during the last week.


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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Global Indemnity Group has a slightly negative Appreciation Score of 33 but a very high Power Rating of 96, resulting in the Positive Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.