Admiral Group (LON:ADM) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Admiral Group plc (LON:ADM) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-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 traded.

Admiral Group Stock Performance

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

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

Admiral Group Increases Dividend

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