Shore Capital reiterated Novae Group PLC (LON:NVA) to Hold in a report released today.
- Updated: October 9, 2016
Yesterday Novae Group PLC (LON:NVA) traded -0.67% lower at 810.75GBX. The company’s 50-day moving average is 799.09GBX and its 200-day moving average is 814.16GBX. The last stock close price is down -0.57% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 400,501 shares of the stock were exchanged, up from an average trading volume of 108,455
Shore Capital has reiterated Novae Group PLC (LON:NVA) to Hold in a report released on Wednesday October 05, 2016.
Previously on 10/03/2016, Peel Hunt reported about Novae Group PLC (LON:NVA) held steady the target price at 920.00GBX. At the time, this indicated a possible upside of 0.20%.
See Chart Below
Novae Group PLC has a price-earnings ratio of 5.73 with a one year low of 726.00GBX and a one year high of 903.34GBX NVA’s total market value is presently 0 GBX.
Brief Synopsis About Novae Group PLC (LON:NVA)
Novae Group plc is a United Kingdom-based holding company. The Company is engaged in a diversified property and casualty (re)insurance business. The Company operates in three segments: Property; Casualty, and Marine, Aviation & Political Risk (MAP). The Property segment comprises approximately 10 underwriting units. The Property segment underwrites a diverse mix of risks across the world with a focus on the United States, the United Kingdom and Europe. The Casualty segment insures a range of specialty liability, general liability, and motor and casualty reinsurance risks. It underwrites Casualty reinsurance covering non-proportional treaty reinsurance across a number of classes and territories, and includes a book of motor reinsurance business centered on the United Kingdom market. The MAP segment offers services across both insurance and reinsurance classes. It offers services across marine, aviation and political risk insurance and reinsurance.
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