Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Friday.
Greenlight Capital Re Stock Up 0.1 %
Shares of NASDAQ GLRE traded up $0.02 during mid-day trading on Friday, hitting $13.73. 95,195 shares of the stock traded hands, compared to its average volume of 105,847. The company has a market cap of $478.24 million, a price-to-earnings ratio of 5.45 and a beta of 0.88. The stock has a fifty day moving average price of $14.40 and a 200-day moving average price of $13.71. Greenlight Capital Re has a 52 week low of $10.95 and a 52 week high of $15.82. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.02 and a current ratio of 3.02.
Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.36. Greenlight Capital Re had a net margin of 12.38% and a return on equity of 13.95%. The company had revenue of $188.01 million during the quarter. During the same quarter in the previous year, the business earned $0.39 earnings per share.
Institutional Trading of Greenlight Capital Re
Greenlight Capital Re Company Profile
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.
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