Admiral Group (LON:ADM) Hits New 1-Year High – Here’s Why

Admiral Group plc (LON:ADM) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 3,174 ($41.02) and last traded at GBX 3,107 ($40.16), with a volume of 2078581 shares changing hands. The stock had previously closed at GBX 2,901 ($37.50).

Admiral Group Stock Down 1.8 %

The firm has a market cap of £9.15 billion, a PE ratio of 22.83, a PEG ratio of 1.69 and a beta of 0.18. The company has a debt-to-equity ratio of 115.01, a quick ratio of 0.42 and a current ratio of 7.57. The company’s 50-day simple moving average is GBX 2,727.67 and its two-hundred day simple moving average is GBX 2,716.51.

Admiral Group (LON:ADM) last announced its quarterly earnings results 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%. On average, analysts predict that Admiral Group plc will post 161.0199297 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Justine Roberts acquired 1,044 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was acquired at an average cost of GBX 2,650 ($34.25) per share, for a total transaction of £27,666 ($35,758.05). Company insiders own 18.30% of the company’s stock.

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.