White Mountains Insurance Group, Ltd. (NYSE:WTM) stock identified change of 44.20% away from 52-week low price and recently located move of -22.33% off 52-week high price. It has market worth of $2.88B and dividend yield of 0.11%. WTM stock has been recorded 0.10% away from 50 day moving average and -13.34% away from 200 day moving average. Moving closer, we can see that shares have been trading -0.90% off 20-day moving average.
On May 08, 2020, White Mountains Insurance Group, Ltd. (NYSE:WTM) disclosed book value per share of $981 and adjusted book value per share of $980 as of March 31, 2020. Book value per share and adjusted book value per share both decreased 4% in the first quarter of 2020, including dividends.
Manning Rountree, CEO, commented, The impact of the COVID-19 pandemic on our businesses has been varied so far. Overall, ABVPS was down -4% for the quarter, driven primarily by a -4.6% return on our investment portfolio. BAM had a good quarter, driven by abundant secondary market activity. NSM also posted good results, growing the top line 4% quarter over quarter and closing the Kingsbridge acquisition in early April. Kudu reported a net loss for the quarter, as operating profits were more than offset by unrealized mark-to-market losses. MediaAlpha had yet another record quarter, driven by higher volumes in its insurance verticals. The global slowdown in travel activity caused a significant decline in premiums and revenues at PassportCard/DavidShield; in May we invested $15 million to support operations and to continue global expansion. During the quarter, we repurchased $54 million of shares at an average price of $844. We ended the quarter with $0.8 billion of undeployed capital and ample liquidity. I am proud of how our team has responded to these unprecedented challenges. Through their efforts, we remain open for business, operating remotely at all levels, and not missing a beat.
Comprehensive loss attributable to common shareholders was $132 million in the first quarter of 2020, compared to comprehensive income attributable to common shareholders of $284 million in the first quarter of 2019. The results in the first quarter of 2019 include $182 million of realized and unrealized gains from MediaAlpha’s sale of a significant minority stake to Insignia Capital Group on February 26, 2019 (the MediaAlpha Transaction).
The Financial sector company, White Mountains Insurance Group, Ltd. noticed change of -0.26% to $907.34 along volume of 18881 shares in recent session compared to an average volume of 21.38K. The stock observed return of -5.56% in 5 days trading activity. The stock was at -1.91% over one month performance. WTM’s shares are at -21.01% for the quarter and driving a -7.03% return over the course of the past year and is now at -18.66% since this point in 2018.
The average volatility for the week at 4.66% and for month was at 4.56%. There are 3.17M shares outstanding and 3.04M shares are floated in market. Right now the stock beta is 0.54.