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

Admiral Group plc (LON:ADM) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,137.31 and traded as high as GBX 3,480. Admiral Group shares last traded at GBX 3,452, with a volume of 95,841,594 shares.

Analyst Upgrades and Downgrades

Several research firms recently commented on ADM. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 3,560 price target on shares of Admiral Group in a research report on Wednesday, March 18th. UBS Group raised shares of Admiral Group to a “buy” rating and upped their target price for the company from GBX 3,300 to GBX 3,500 in a report on Tuesday, March 10th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 2,803.14.

Admiral Group Trading Down 2.0%

The company has a quick ratio of 0.42, a current ratio of 6.56 and a debt-to-equity ratio of 131.19. The company has a fifty day moving average of GBX 3,344.87 and a two-hundred day moving average of GBX 3,140.39. The stock has a market capitalization of £10.05 billion, a price-to-earnings ratio of 13.91, a P/E/G ratio of 1.69 and a beta of 0.18.

Insider Activity at Admiral Group

In other news, insider Geraint Jones bought 249 shares of the stock in a transaction dated Friday, June 5th. The shares were acquired at an average price of GBX 3,308 per share, with a total value of £8,236.92. Company insiders own 13.71% of the company’s stock.

Admiral Group Company Profile

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. As the leading personal motor insurance provider in the UK, Admiral continues to focus on technology and agility, diversifying the businesses, and progressing with the evolution of motor.