NI (NASDAQ:NODK) Announces Earnings Results

NI (NASDAQ:NODK) posted its quarterly earnings data on Friday. The company reported $0.47 earnings per share (EPS) for the quarter, Zacks reports. NI had a negative net margin of 1.63% and a positive return on equity of 1.16%.

NI Stock Performance

Shares of NI stock traded up $0.60 on Friday, hitting $14.85. 37,539 shares of the company’s stock were exchanged, compared to its average volume of 12,386. NI has a 1 year low of $13.47 and a 1 year high of $17.24. The company has a 50-day simple moving average of $14.80 and a 200-day simple moving average of $15.36. The stock has a market capitalization of $306.64 million, a PE ratio of -53.04 and a beta of 0.33.

About NI

NI Holdings, Inc underwrites property and casualty insurance products in the United States. Its products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota.