Admiral Group (LON:ADM) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Admiral Group plc (LON:ADM)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,729.96 ($35.25) and traded as high as GBX 2,952 ($38.11). Admiral Group shares last traded at GBX 2,935 ($37.90), with a volume of 1,563,565 shares trading hands.

Admiral Group Price Performance

The company has a 50 day moving average of GBX 2,807.42 and a two-hundred day moving average of GBX 2,728.42. The firm has a market cap of £8.98 billion, a P/E ratio of 22.40, a PEG ratio of 1.69 and a beta of 0.18. The company has a quick ratio of 0.42, a current ratio of 7.57 and a debt-to-equity ratio of 115.01.

Admiral Group (LON:ADM) last posted its quarterly earnings data on Thursday, March 6th. The company reported GBX 216.60 ($2.80) earnings per share for the quarter. Admiral Group had a net margin of 8.82% and a return on equity of 38.14%. Sell-side analysts expect that Admiral Group plc will post 161.0199297 EPS for the current year.

Admiral Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be given a GBX 121 ($1.56) dividend. This is a positive change from Admiral Group’s previous dividend of $71.00. The ex-dividend date is Thursday, May 15th. This represents a yield of 4.02%. Admiral Group’s payout ratio is 66.39%.

About Admiral Group

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.