Donegal Group (DGICB) Lowered to C+ at TheStreet

Donegal Group (NASDAQ:DGICB) was downgraded by research analysts at TheStreet from a “b” rating to a “c+” rating in a report issued on Monday, January 8th.

Shares of Donegal Group (NASDAQ DGICB) traded up $0.15 during mid-day trading on Monday, hitting $15.50. 2,700 shares of the stock were exchanged, compared to its average volume of 3,220. Donegal Group has a 52-week low of $13.35 and a 52-week high of $17.94. The company has a market capitalization of $425.17, a price-to-earnings ratio of 27.68 and a beta of 0.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.42 and a quick ratio of 0.42.

Donegal Group (NASDAQ:DGICB) last announced its earnings results on Monday, October 30th. The insurance provider reported $0.25 earnings per share (EPS) for the quarter. Donegal Group had a net margin of 2.13% and a return on equity of 2.81%.

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About Donegal Group

Donegal Group Inc (DGI) is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The Company offered its insurance business to various businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states, as of December 31, 2016.

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