Admiral Group (LON:ADM) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Admiral Group plc (LON:ADM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,728.48 ($34.86) and traded as high as GBX 2,942.01 ($37.59). Admiral Group shares last traded at GBX 2,938 ($37.54), with a volume of 156,310,672 shares trading hands.

Admiral Group Price Performance

The stock has a market cap of £8.99 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company has a debt-to-equity ratio of 115.01, a quick ratio of 0.42 and a current ratio of 7.57. The company has a 50-day simple moving average of GBX 2,873.55 and a two-hundred day simple moving average of GBX 2,728.48.

Admiral Group (LON:ADM) last issued its earnings results on Thursday, March 6th. The company reported GBX 216.60 ($2.77) earnings per share for the quarter. Admiral Group had a net margin of 8.82% and a return on equity of 38.14%. As a group, equities research analysts forecast that Admiral Group plc will post 161.0199297 EPS for the current year.

Admiral Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 15th will be paid a GBX 121 ($1.55) dividend. This is an increase from Admiral Group’s previous dividend of $71.00. This represents a yield of 4.02%. The ex-dividend date is Thursday, May 15th. Admiral Group’s dividend payout ratio (DPR) is 66.39%.

Admiral Group Company Profile

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.