Admiral Group (LON:ADM) Stock Passes Above 200 Day Moving Average of $2,618.01

Shares of Admiral Group plc (LON:ADM) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,618.01 ($32.34) and traded as high as GBX 2,792 ($34.49). Admiral Group shares last traded at GBX 2,779 ($34.33), with a volume of 267,612 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 2,961 ($36.57) price target on shares of Admiral Group in a research note on Monday, March 4th.

Admiral Group Stock Up 0.5 %

The company has a market cap of £8.28 billion, a PE ratio of 2,503.60, a P/E/G ratio of 2.37 and a beta of 0.20. The company’s 50 day moving average is GBX 2,685.24 and its 200 day moving average is GBX 2,618.01. The company has a current ratio of 16.08, a quick ratio of 0.42 and a debt-to-equity ratio of 121.98.

Admiral Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 9th will be given a dividend of GBX 52 ($0.64) per share. This is an increase from Admiral Group’s previous dividend of $51.00. The ex-dividend date of this dividend is Thursday, May 9th. This represents a yield of 1.95%. Admiral Group’s dividend payout ratio (DPR) is 6,576.58%.

Admiral Group Company Profile

Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services, which includes motor, household, pet, travel, and other insurance, as well as car and home insurance; and unsecured personal loans and car finance products.