Admiral Group (LON:ADM) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Admiral Group plc (LON:ADM) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,725.56 ($35.31) and traded as high as GBX 3,012 ($39.02). Admiral Group shares last traded at GBX 2,984 ($38.65), with a volume of 1,537,228 shares trading hands.

Admiral Group Price Performance

The stock has a market capitalization of £9.13 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company has a debt-to-equity ratio of 115.01, a quick ratio of 0.42 and a current ratio of 7.57. The stock has a 50-day simple moving average of GBX 2,757.38 and a 200 day simple moving average of GBX 2,725.56.

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

Insider Transactions at Admiral Group

In other news, insider Justine Roberts purchased 1,044 shares of the company’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of GBX 2,650 ($34.33) per share, with a total value of £27,666 ($35,836.79). 18.30% of the stock is owned by corporate insiders.

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.