News articles about National Security Group (NASDAQ:NSEC) have trended very negative on Saturday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. National Security Group earned a news impact score of -3.31 on their scale. InfoTrie also gave press coverage about the insurance provider an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Separately, ValuEngine downgraded shares of National Security Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd.
Shares of NSEC remained flat at $$12.80 during trading hours on Friday. The stock had a trading volume of 566 shares, compared to its average volume of 1,356. The company’s 50 day simple moving average is $12.62 and its 200 day simple moving average is $11.94. National Security Group has a 52 week low of $10.01 and a 52 week high of $14.31. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The company has a market capitalization of $32.41 million, a P/E ratio of 27.55 and a beta of -0.03.
The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 4th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.24 dividend on an annualized basis and a yield of 1.88%. This is a boost from National Security Group’s previous quarterly dividend of $0.05.
In other news, major shareholder Andrew J. Abernathey bought 7,327 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were purchased at an average price of $13.68 per share, for a total transaction of $100,233.36. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Fred Clark, Jr. bought 7,950 shares of the business’s stock in a transaction on Wednesday, October 9th. The shares were purchased at an average cost of $12.25 per share, with a total value of $97,387.50. Following the transaction, the director now owns 70,624 shares in the company, valued at $865,144. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 17,212 shares of company stock worth $222,635. Corporate insiders own 38.18% of the company’s stock.
National Security Group Company Profile
The National Security Group, Inc, an insurance holding company, provides insurance products and services in the United States. The company operates in two segments, Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of dwelling fire and extended coverage, mobile homeowners, and other liability insurance services in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, as well as operates on a surplus lines basis in the state of Louisiana.
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