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

Admiral Group plc (LON:ADMGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3,174 ($40.91) and last traded at GBX 3,107 ($40.05), with a volume of 2078581 shares. The stock had previously closed at GBX 2,901 ($37.39).

Admiral Group Trading Up 7.1 %

The stock’s fifty day simple moving average is GBX 2,713.69 and its 200-day simple moving average is GBX 2,711.64. The firm has a market cap of £9.51 billion, a PE ratio of 23.72, a PEG ratio of 1.69 and a beta of 0.18. The company has a debt-to-equity ratio of 115.01, a current ratio of 7.57 and a quick ratio of 0.42.

Insiders Place Their Bets

In related news, insider Justine Roberts purchased 1,044 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was acquired at an average price of GBX 2,650 ($34.16) per share, with a total value of £27,666 ($35,661.25). Corporate insiders own 18.30% of the company’s stock.

About Admiral Group

(Get Free Report)

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.

Further Reading

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