TheStreet upgraded shares of Greenlight Capital Re (NASDAQ:GLRE) from a d+ rating to a c rating in a report published on Tuesday morning, TheStreetRatingsTable reports.
Shares of Greenlight Capital Re stock opened at $8.97 on Tuesday. Greenlight Capital Re has a 1 year low of $5.91 and a 1 year high of $9.44. The company’s fifty day simple moving average is $8.52 and its 200-day simple moving average is $7.74. The company has a market cap of $315.65 million, a price-to-earnings ratio of -4.77 and a beta of 1.21. The company has a current ratio of 3.50, a quick ratio of 3.50 and a debt-to-equity ratio of 0.22.
Greenlight Capital Re (NASDAQ:GLRE) last posted its quarterly earnings results on Tuesday, March 9th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.52. Greenlight Capital Re had a negative net margin of 16.48% and a negative return on equity of 15.47%. The company had revenue of $130.90 million for the quarter.
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, such as homeowners' insurance; and commercial lines.
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