Admiral Group (LON:ADM) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Admiral Group plc (LON:ADM)’s stock 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 ($33.43) and traded as high as GBX 2,789 ($34.68). Admiral Group shares last traded at GBX 2,779 ($34.56), with a volume of 481,909 shares traded.

Admiral Group Trading Up 1.2 %

The business’s 50-day simple moving average is GBX 2,641.96 and its 200-day simple moving average is GBX 2,687.82. The company has a debt-to-equity ratio of 114.95, a quick ratio of 0.42 and a current ratio of 0.56. The company has a market capitalization of £8.24 billion, a price-to-earnings ratio of 2,121.37, a P/E/G ratio of 1.69 and a beta of 0.18.

Insider Buying and Selling at Admiral Group

In other news, insider Justine Roberts acquired 1,044 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average price of GBX 2,650 ($32.96) per share, for a total transaction of £27,666 ($34,406.17). Corporate 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.