Admiral Group (LON:ADM) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Admiral Group plc (LON:ADM)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,687.82 ($33.34) and traded as high as GBX 2,789 ($34.60). Admiral Group shares last traded at GBX 2,779 ($34.47), with a volume of 481,909 shares traded.

Admiral Group Stock Performance

The company has a quick ratio of 0.42, a current ratio of 0.56 and a debt-to-equity ratio of 114.95. The company’s 50 day moving average is GBX 2,646.57 and its 200-day moving average is GBX 2,688.84. The firm has a market capitalization of £8.21 billion, a P/E ratio of 2,115.27, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18.

Insider Transactions at Admiral Group

In other news, insider Justine Roberts acquired 1,044 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average price of GBX 2,650 ($32.87) per share, for a total transaction of £27,666 ($34,320.80). Company insiders own 18.30% of the company’s stock.

Admiral Group Company Profile

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company.