Admiral Group (LON:ADM) Stock Price Crosses Above 200 Day Moving Average of $2,687.99

Admiral Group plc (LON:ADM) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,687.99 ($35.45) and traded as high as GBX 2,962 ($39.06). Admiral Group shares last traded at GBX 2,935 ($38.70), with a volume of 282,142 shares trading hands.

Admiral Group Stock Up 0.3 %

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 company has a market capitalization of £8.73 billion, a P/E ratio of 2,240.46, a PEG ratio of 1.91 and a beta of 0.17. The firm has a 50-day moving average price of GBX 2,686.60 and a two-hundred day moving average price of GBX 2,687.99.

Admiral Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 5th will be given a GBX 71 ($0.94) dividend. This represents a dividend yield of 2.53%. This is a boost from Admiral Group’s previous dividend of $52.00. The ex-dividend date of this dividend is Thursday, September 5th. Admiral Group’s dividend payout ratio is currently 6,641.22%.

Insider Activity

In other Admiral Group news, insider Mike Rogers acquired 4,000 shares of Admiral Group stock in a transaction dated Friday, August 16th. The stock was bought at an average cost of GBX 3,018 ($39.80) per share, with a total value of £120,720 ($159,198.21). 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.