Enstar Group Limited (NASDAQ:ESGR) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $180.70 and traded as high as $220.17. Enstar Group shares last traded at $216.10, with a volume of 34,414 shares.

ESGR has been the topic of a number of research reports. TheStreet raised shares of Enstar Group from a “c+” rating to a “b-” rating in a report on Tuesday, November 3rd. BidaskClub raised shares of Enstar Group from a “hold” rating to a “buy” rating in a report on Friday, December 11th.

The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The firm has a market cap of $4.77 billion, a PE ratio of 4.34 and a beta of 0.60. The firm’s fifty day simple moving average is $202.76 and its two-hundred day simple moving average is $180.70.

Enstar Group (NASDAQ:ESGR) last issued its quarterly earnings results on Friday, November 6th. The insurance provider reported $26.37 earnings per share for the quarter. The firm had revenue of $293.05 million for the quarter.

Hedge funds have recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in shares of Enstar Group by 133.3% in the third quarter. US Bancorp DE now owns 161 shares of the insurance provider’s stock worth $26,000 after buying an additional 92 shares in the last quarter. CWM LLC purchased a new position in shares of Enstar Group in the third quarter worth $99,000. Sigma Planning Corp bought a new stake in Enstar Group in the third quarter worth $207,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Enstar Group by 51.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,312 shares of the insurance provider’s stock worth $212,000 after purchasing an additional 448 shares during the last quarter. Finally, Trexquant Investment LP bought a new stake in Enstar Group in the third quarter worth $214,000. 61.39% of the stock is currently owned by hedge funds and other institutional investors.

Enstar Group Company Profile (NASDAQ:ESGR)

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It operates in three segments: Non-Life Run-Off, Atrium, and StarStone. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses.

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