Beazley (LON:BEZ) Reaches New 1-Year High – Time to Buy?

Beazley plc (LON:BEZ)’s share 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. The stock had previously closed at GBX 815.50 ($10.29).

Beazley Trading Up 2.9 %

The company’s fifty day moving average price is GBX 778.02 and its two-hundred day moving average price is 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 company has a market cap of £5.27 billion, a price-to-earnings ratio of 567.23, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

Insider Activity

In other news, insider Fiona Muldoon acquired 10,000 shares of the company’s stock in a transaction on Friday, September 27th. The stock was purchased at an average cost of GBX 779 ($9.83) per share, with a total value of £77,900 ($98,321.34). Also, insider John Reizenstein acquired 5,000 shares of Beazley stock in a transaction on Tuesday, November 19th. The stock was acquired at an average cost of GBX 736 ($9.29) per share, for a total transaction of £36,800 ($46,447.05). 2.31% of the stock is currently owned by corporate insiders.

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.