Enstar Group (NASDAQ:ESGRO) Shares Up 3.9% – Still a Buy?

Shares of Enstar Group Limited (NASDAQ:ESGROGet Free Report) were up 3.9% during trading on Wednesday . The company traded as high as $20.66 and last traded at $20.47. Approximately 121,632 shares were traded during trading, an increase of 568% from the average daily volume of 18,210 shares. The stock had previously closed at $19.70.

Enstar Group Stock Down 1.1 %

The firm’s fifty day simple moving average is $20.35 and its 200 day simple moving average is $21.37.

Enstar Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Friday, November 15th were paid a dividend of $0.4375 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.75 annualized dividend and a yield of 8.63%.

About Enstar Group

(Get Free Report)

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.

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