Admiral Group (LON:ADM) Hits New 1-Year Low – Time to Sell?

Admiral Group plc (LON:ADM)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 2,472 ($31.81) and last traded at GBX 2,478 ($31.89), with a volume of 635731 shares traded. The stock had previously closed at GBX 2,528 ($32.53).

Admiral Group Stock Performance

The company’s 50 day simple moving average is GBX 2,752.57 and its 200 day simple moving average is GBX 2,711.90. 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 £7.34 billion, a PE ratio of 1,929.77, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18.

Admiral Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 5th were given a GBX 71 ($0.91) dividend. This is a positive change from Admiral Group’s previous dividend of $52.00. The ex-dividend date of this dividend was Thursday, September 5th. This represents a yield of 2.53%. Admiral Group’s payout ratio is currently 6,641.22%.

Insider Buying and Selling at Admiral Group

In other Admiral Group news, insider Milena Mondini de Focatiis sold 18,510 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of GBX 2,810 ($36.16), for a total transaction of £520,131 ($669,323.12). In other Admiral Group news, insider Michael Brierley purchased 91 shares of the company’s stock in a transaction dated Monday, October 14th. The stock was purchased at an average price of GBX 2,736 ($35.21) per share, for a total transaction of £2,489.76 ($3,203.91). Also, insider Milena Mondini de Focatiis sold 18,510 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of GBX 2,810 ($36.16), for a total value of £520,131 ($669,323.12). Insiders have acquired a total of 4,299 shares of company stock valued at $12,901,504 over the last three months. 18.30% of the stock is currently owned by insiders.

Admiral Group Company Profile

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.