Beazley (LON:BEZ) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Beazley plc (LON:BEZ) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,224.26 and traded as high as GBX 1,288. Beazley shares last traded at GBX 1,287.50, with a volume of 3,309,106 shares changing hands.

Beazley Stock Performance

The company has a market cap of £7.61 billion, a price-to-earnings ratio of 8.89, a P/E/G ratio of 1.57 and a beta of 0.32. The company has a fifty day moving average of GBX 1,284.21 and a two-hundred day moving average of GBX 1,224.26.

Insider Buying and Selling

In other news, insider Adrian Cox sold 15,223 shares of Beazley stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of GBX 1,279, for a total transaction of £194,702.17. Corporate insiders own 1.86% of the company’s stock.

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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.