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Global Indemnity (GBLI) in Focus: Stock Moves 8.1% Higher
February 24, 2014

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Global Indemnity plc was a big mover last session, as the company saw its shares rise by over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $23.57 to $25.02in the past one-month time frame.

This property & casualty company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Global Indemnity has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Fidelity National Financial, Inc. (FNF - Free Report) , Greenlight Capital Re, Ltd. (GLRE - Free Report) and Navigators Group Inc. (NAVG - Free Report) .. All these stocks hold a Zacks Rank #1 (Strong Buy).

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