Admiral Group (LON:ADM) Sets New 1-Year Low – What’s Next?

Admiral Group plc (LON:ADM) shares hit a new 52-week low on Wednesday . The stock traded as low as GBX 2,451 ($31.10) and last traded at GBX 2,452 ($31.12), with a volume of 310722 shares changing hands. The stock had previously closed at GBX 2,504 ($31.78).

Admiral Group Stock Performance

The company has a 50-day moving average price of GBX 2,711.43 and a two-hundred day moving average price of GBX 2,703.27. The stock has a market capitalization of £7.27 billion, a P/E ratio of 1,912.47, a PEG ratio of 1.69 and a beta of 0.18. The company has a quick ratio of 0.42, a current ratio of 0.56 and a debt-to-equity ratio of 114.95.

Insider Activity

In related news, insider Geraint Jones purchased 208 shares of the firm’s stock in a transaction dated Monday, October 7th. The shares were purchased at an average cost of GBX 2,791 ($35.42) per share, for a total transaction of £5,805.28 ($7,367.11). Also, insider Michael Brierley purchased 91 shares of the firm’s stock in a transaction dated Monday, October 14th. The shares were bought at an average price of GBX 2,736 ($34.72) per share, for a total transaction of £2,489.76 ($3,159.59). Company insiders own 18.30% of the company’s stock.

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.