Admiral Group (LON:ADM) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Admiral Group plc (LON:ADMGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,950.02 ($39.73) and traded as high as GBX 3,408 ($45.89). Admiral Group shares last traded at GBX 3,397.46 ($45.75), with a volume of 427,720 shares traded.

Admiral Group Stock Performance

The stock’s 50-day simple moving average is GBX 3,290.28 and its 200-day simple moving average is GBX 2,950.02. The stock has a market cap of £10.41 billion, a price-to-earnings ratio of 25.96, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company has a current ratio of 7.57, a quick ratio of 0.42 and a debt-to-equity ratio of 115.01.

Admiral Group Company Profile

(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.

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