Greenlight Capital Re Ltd [NASDAQ: GLRE] surged by $0.02 during the normal trading session on previous day and reaching a high of $14.565 during the day while it closed the day at $14.43.
Greenlight Capital Re Ltd stock has also loss -2.10% of its value over the past 7 days. However, GLRE stock has inclined by 6.89% in the 3 months of the year. Over the past six months meanwhile, it has lost -1.37% and gained 3.07% year-on date.
The market cap for GLRE stock reached $498.63 million, with 34.56 million shares outstanding and 26.21 million shares in the current float. Compared to the average trading volume of 103.54K shares, GLRE reached a trading volume of 121359 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Greenlight Capital Re Ltd [GLRE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GLRE shares is $21.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GLRE stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Greenlight Capital Re Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 02, 2015. While these analysts kept the previous recommendation, UBS raised their target price from $29 to $34. The new note on the price target was released on October 22, 2013, representing the official price target for Greenlight Capital Re Ltd stock. Previously, the target price had yet another raise from $25.50 to $27, while UBS kept a Buy rating on GLRE stock. On November 03, 2009, analysts increased their price target for GLRE shares from 20 to 21.
The Average True Range (ATR) for Greenlight Capital Re Ltd is set at 0.35, with the Price to Sales ratio for GLRE stock in the period of the last 12 months amounting to 0.73. The Price to Book ratio for the last quarter was 0.75. Price to Free Cash Flow for GLRE in the course of the last twelve months was 4.80.
GLRE stock trade performance evaluation
Greenlight Capital Re Ltd [GLRE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.10. With this latest performance, GLRE shares gained by 5.87% in over the last four-week period, additionally sinking by -1.37% over the last 6 months – not to mention a rise of 13.18% in the past year of trading.
Greenlight Capital Re Ltd [GLRE]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Greenlight Capital Re Ltd [GLRE] shares currently have an operating margin of 1.13%. Greenlight Capital Re Ltd’s Net Margin is presently recorded at 6.68%.
Return on Equity for this stock inclined to 2.37%, with Return on Assets sitting at 2.37%.
Greenlight Capital Re Ltd [GLRE]: Institutional Ownership
The top three institutional holders of GLRE stocks are: BLACKROCK INC. with ownership of 2.11 million shares, which is approximately 6.1524%. DIMENSIONAL FUND ADVISORS LP, holding 2.04 million shares of the stock with an approximate value of $$26.73 million in GLRE stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$19.81 million in GLRE stock with ownership which is approximately 4.4174%.
