Admiral Group (LON:ADM) Share Price Passes Above 200 Day Moving Average of $2,702.22

Shares of Admiral Group plc (LON:ADM) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,702.22 ($35.53) and traded as high as GBX 2,931 ($38.54). Admiral Group shares last traded at GBX 2,931 ($38.54), with a volume of 734,370 shares.

Admiral Group Price Performance

The company has a quick ratio of 0.42, a current ratio of 0.56 and a debt-to-equity ratio of 114.95. The stock’s 50-day moving average is GBX 2,733.48 and its 200-day moving average is GBX 2,704.56. The firm has a market cap of £8.28 billion, a P/E ratio of 2,131.30, a price-to-earnings-growth ratio of 1.91 and a beta of 0.17.

Admiral Group Increases Dividend

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

Insider Buying and Selling

In other news, insider Mike Rogers acquired 4,000 shares of Admiral Group stock in a transaction on Friday, August 16th. The stock was bought at an average price of GBX 3,018 ($39.68) per share, for a total transaction of £120,720 ($158,737.67). 18.27% of the stock is owned by company insiders.

About Admiral Group

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.