Donegal Group Inc. - B (DGICB, Financial) experienced a notable stock increase, with shares rising by 5.84%, trading at $14.85 with a volume of 519 shares. The stock's fluctuation reached 8.84%, though the turnover rate remained minimal at 0.00%.
The latest financial reports reveal that Donegal Group achieved an operating revenue of $252 million and a net profit of $16.75 million, translating to earnings per share of $0.46. The stock's price-to-earnings ratio stands at 19.80. Currently, there are no institutional ratings recommending “buy,” “hold,” or “sell” for this stock.
Within the insurance industry, where Donegal Group operates, the overall increase was 0.63%. Other notable performers include International General Insurance Holdings Ltd., Root, Inc., and Gohealth, Inc. Meanwhile, stocks like Reliance Global Group, Inc., and Trupanion, Inc. also showed significant activity with turnover rates of 3.32%, 1.27%, and 0.91%, respectively. High volatility stocks included Citizens Insurance, Donegal Group Inc. - B, and Fanhua Inc., with fluctuations of 9.73%, 8.84%, and 6.99% respectively.
Donegal Group Inc. is an insurance holding company that offers personal and commercial property and casualty insurance. Its main business divisions include its investment function, personal insurance, and commercial insurance segments. Personal insurance primarily covers homeowners and personal automobiles, while commercial insurance includes commercial vehicles, multiple-line policies, and workers' compensation. The company primarily operates in the United States.
