Beazley (LON:BEZ) Reaches New 52-Week High – Still a Buy?

Beazley plc (LON:BEZ)’s stock price hit a new 52-week high on Friday . The stock traded as high as GBX 832 ($10.50) and last traded at GBX 832 ($10.50), with a volume of 1274506 shares traded. The stock had previously closed at GBX 815.50 ($10.29).

Beazley Trading Up 2.9 %

The business has a 50-day moving average price of GBX 778.02 and a 200-day moving average price of GBX 732.92. The company has a quick ratio of 6.45, a current ratio of 21.78 and a debt-to-equity ratio of 14.99. The firm has a market capitalization of £5.27 billion, a P/E ratio of 567.23, a PEG ratio of 1.57 and a beta of 0.68.

Insiders Place Their Bets

In related news, insider Fiona Muldoon bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was acquired at an average price of GBX 779 ($9.83) per share, for a total transaction of £77,900 ($98,321.34). Also, insider John Reizenstein purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was bought at an average cost of GBX 736 ($9.29) per share, for a total transaction of £36,800 ($46,447.05). Corporate insiders own 2.31% of the company’s stock.

About Beazley

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.