Admiral Group (LON:ADM) Hits New 1-Year Low – Here’s What Happened

Admiral Group plc (LON:ADM) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 2,451 ($30.86) and last traded at GBX 2,452 ($30.87), with a volume of 310722 shares. The stock had previously closed at GBX 2,504 ($31.52).

Admiral Group Trading Up 1.1 %

The company has a 50 day moving average of GBX 2,691.15 and a 200-day moving average of GBX 2,699.37. The company has a debt-to-equity ratio of 114.95, a quick ratio of 0.42 and a current ratio of 0.56. The stock has a market cap of £7.29 billion, a price-to-earnings ratio of 1,855.73, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18.

Insiders Place Their Bets

In other Admiral Group news, insider Geraint Jones acquired 208 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were acquired at an average price of GBX 2,791 ($35.14) per share, for a total transaction of £5,805.28 ($7,308.67). Also, insider Michael Brierley purchased 91 shares of the company’s stock in a transaction that occurred on Monday, October 14th. The shares were purchased at an average price of GBX 2,736 ($34.45) per share, for a total transaction of £2,489.76 ($3,134.53). 18.30% 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.