BidaskClub Downgrades NI (NODK) to Sell
NI (NASDAQ:NODK) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
NI stock opened at $15.19 on Tuesday. The stock has a market cap of $346.35 million, a PE ratio of 13.59 and a beta of 0.30. NI has a 1 year low of $14.37 and a 1 year high of $17.90.
NI (NASDAQ:NODK) last posted its earnings results on Tuesday, November 13th. The company reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $64.10 million during the quarter. NI had a return on equity of 9.61% and a net margin of 14.42%.
NI Holdings, Inc underwrites property and casualty insurance products in North Dakota, South Dakota, Nebraska, Minnesota, Nevada, and Arizona. Its products include multi-peril crop, crop hail, private passenger automobile, farm owners, homeowners, and commercial property and liability insurance policies.
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