Admiral Group (LON:ADM) Stock Price Crosses Above 200-Day Moving Average of $2,712.69

Posted by Emily Schoerning on Sep 15th, 2024

Admiral Group plc (LON:ADM – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,712.69 ($35.47) and traded as high as GBX 2,900 ($37.92). Admiral Group shares last traded at GBX 2,897 ($37.88), with a volume of 597,726 shares traded.

Admiral Group Price Performance

The business has a fifty day moving average price of GBX 2,756.94 and a 200 day moving average price of GBX 2,713.62. The company has a debt-to-equity ratio of 114.95, a current ratio of 0.56 and a quick ratio of 0.42. The company has a market capitalization of £8.59 billion, a price-to-earnings ratio of 2,211.45, a price-to-earnings-growth ratio of 1.72 and a beta of 0.18.

Admiral Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, October 4th. Shareholders of record on Thursday, September 5th will be paid a dividend of GBX 71 ($0.93) per share. This is a boost from Admiral Group’s previous dividend of $52.00. The ex-dividend date of this dividend is Thursday, September 5th. This represents a yield of 2.53%. Admiral Group’s dividend payout ratio (DPR) is presently 6,641.22%.

Insider Transactions at Admiral Group

In other news, insider Mike Rogers acquired 4,000 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were bought at an average price of GBX 3,018 ($39.47) per share, with a total value of £120,720 ($157,865.83). Company insiders own 18.27% of the company’s stock.

Admiral Group Company Profile

(Get Free Report)

Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services, which includes motor, household, pet, travel, and other insurance, as well as car and home insurance; and unsecured personal loans and car finance products.