Headlines about National Security Group (NASDAQ:NSEC) have trended very negative this week, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. National Security Group earned a media sentiment score of -3.31 on their scale. InfoTrie also assigned news stories about the insurance provider an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
Shares of NASDAQ NSEC traded up $0.10 during midday trading on Friday, reaching $13.50. 1,215 shares of the stock were exchanged, compared to its average volume of 140. The business has a 50-day simple moving average of $12.53 and a two-hundred day simple moving average of $11.91. The company has a market capitalization of $33.92 million, a price-to-earnings ratio of 27.35 and a beta of -0.02. National Security Group has a 12 month low of $10.01 and a 12 month high of $14.31. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28.
The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 4th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.78%. This is a boost from National Security Group’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, November 1st.
Separately, ValuEngine cut shares of National Security Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd.
In other news, Director Fred Clark, Jr. purchased 7,950 shares of National Security Group stock in a transaction dated Wednesday, October 9th. The shares were bought at an average cost of $12.25 per share, with a total value of $97,387.50. Following the completion of the transaction, the director now directly owns 70,624 shares in the company, valued at approximately $865,144. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have bought 8,785 shares of company stock worth $107,551. Insiders own 38.18% of the company’s stock.
About National Security Group
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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