Admiral Group (LON:ADM) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Admiral Group plc (LON:ADM)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,725.19 ($35.39) and traded as high as GBX 2,850 ($37.01). Admiral Group shares last traded at GBX 2,844.27 ($36.93), with a volume of 1,012,181 shares changing hands.

Admiral Group Stock Up 0.9 %

The firm has a market capitalization of £8.95 billion, a price-to-earnings ratio of 22.32, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The business has a 50 day moving average of GBX 2,844.43 and a 200 day moving average of GBX 2,726.40. The company has a debt-to-equity ratio of 115.01, a current ratio of 7.57 and a quick ratio of 0.42.

Admiral Group (LON:ADM) last announced its quarterly earnings results on Thursday, March 6th. The company reported GBX 216.60 ($2.81) EPS for the quarter. Admiral Group had a net margin of 8.82% and a return on equity of 38.14%. On average, equities analysts anticipate that Admiral Group plc will post 161.0199297 EPS for the current year.

Admiral Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 15th will be given a dividend of GBX 121 ($1.57) per share. This is an increase from Admiral Group’s previous dividend of $71.00. The ex-dividend date of this dividend is Thursday, May 15th. This represents a yield of 4.02%. Admiral Group’s dividend payout ratio is 66.39%.

About Admiral Group

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.