National Security Group (NSEC) Sets New 52-Week Low at $12.08

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National Security Group Inc (NASDAQ:NSEC) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $12.08 and last traded at $12.10, with a volume of 2227 shares. The stock had previously closed at $13.45.

The company has a market capitalization of $33.99 million, a PE ratio of 18.68 and a beta of 0.42. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.31.

National Security Group (NASDAQ:NSEC) last announced its quarterly earnings data on Monday, August 13th. The insurance provider reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $16.20 million during the quarter. National Security Group had a return on equity of 3.92% and a net margin of 1.60%.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Monday, November 5th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Friday, November 2nd.

In other news, major shareholder Andrew J. Abernathey purchased 2,487 shares of the business’s stock in a transaction dated Thursday, October 11th. The stock was bought at an average cost of $14.50 per share, with a total value of $36,061.50. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Andrew J. Abernathey purchased 3,467 shares of the business’s stock in a transaction dated Friday, September 21st. The shares were purchased at an average cost of $14.63 per share, with a total value of $50,722.21. The disclosure for this purchase can be found here. Insiders have bought a total of 11,338 shares of company stock valued at $164,771 over the last ninety days. Company insiders own 37.89% of the company’s stock.

A hedge fund recently bought a new stake in National Security Group stock. RFG Advisory Group LLC purchased a new position in shares of National Security Group Inc (NASDAQ:NSEC) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 26,881 shares of the insurance provider’s stock, valued at approximately $445,000. RFG Advisory Group LLC owned approximately 1.07% of National Security Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.58% of the company’s stock.

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About National Security Group (NASDAQ:NSEC)

The National Security Group, Inc, an insurance holding company, provides insurance products and services in the United States. The company operates through two segments, Property and Casualty Insurance, and Life Insurance. Its 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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