Enstar Group (NASDAQ:ESGR) Reaches New 52-Week High at $342.80

Shares of Enstar Group Limited (NASDAQ:ESGR) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $342.80 and last traded at $336.00, with a volume of 18001 shares changing hands. The stock had previously closed at $335.48.

Enstar Group Stock Performance

The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $5.12 billion, a price-to-earnings ratio of 6.51 and a beta of 0.66. The company has a 50-day moving average of $311.23 and a 200-day moving average of $296.04.

Enstar Group (NASDAQ:ESGR) last issued its quarterly earnings data on Thursday, May 2nd. The insurance provider reported $9.50 EPS for the quarter. The firm had revenue of $171.00 million during the quarter. Enstar Group had a return on equity of 18.33% and a net margin of 77.65%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC grew its stake in Enstar Group by 3.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,721 shares of the insurance provider’s stock worth $526,000 after buying an additional 65 shares during the last quarter. CWM LLC grew its stake in Enstar Group by 57.6% during the 2nd quarter. CWM LLC now owns 186 shares of the insurance provider’s stock worth $57,000 after buying an additional 68 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in Enstar Group by 272.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 19,008 shares of the insurance provider’s stock worth $5,811,000 after buying an additional 13,898 shares during the last quarter. Cetera Advisors LLC bought a new position in Enstar Group during the 1st quarter worth $322,000. Finally, Tidal Investments LLC grew its stake in Enstar Group by 55.0% during the 1st quarter. Tidal Investments LLC now owns 2,241 shares of the insurance provider’s stock worth $696,000 after buying an additional 795 shares during the last quarter. 81.01% of the stock is currently owned by institutional investors.

Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.