NI (NASDAQ:NODK) Posts Earnings Results

NI (NASDAQ:NODK) announced its quarterly earnings results on Friday. The company reported $0.47 earnings per share 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 Up 4.2 %

Shares of NODK opened at $14.85 on Friday. The firm has a market cap of $306.64 million, a PE ratio of -53.04 and a beta of 0.33. The company’s fifty day moving average is $14.80 and its two-hundred day moving average is $15.36. NI has a fifty-two week low of $13.47 and a fifty-two week high of $17.24.

NI Company Profile

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.