Admiral Group (LON:ADM) Share Price Passes Above 200 Day Moving Average - Here's Why

Admiral Group plc (LON:ADM - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,827.67 ($38.37) and traded as high as GBX 3,330 ($45.18). Admiral Group shares last traded at GBX 3,318 ($45.02), with a volume of 599,203 shares traded.

Admiral Group Trading Down 0.1%

The business has a fifty day simple moving average of GBX 3,136.31 and a 200-day simple moving average of GBX 2,848.84. The firm has a market cap of £10.22 billion, a price-to-earnings ratio of 25.49, 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.

Admiral Group (LON:ADM - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The company reported GBX 216.60 ($2.94) earnings per share (EPS) for the quarter. Admiral Group had a return on equity of 38.14% and a net margin of 8.82%. As a group, equities analysts forecast 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. Stockholders of record on Thursday, May 15th will be paid a dividend of GBX 121 ($1.64) per share. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 4.02%. This is an increase from Admiral Group's previous dividend of $71.00. Admiral Group's dividend payout ratio (DPR) is presently 66.39%.

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.