Beazley (LON:BEZ) Reaches New 1-Year High – Time to Buy?

Beazley plc (LON:BEZ)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 832 ($10.55) and last traded at GBX 832 ($10.55), with a volume of 1274506 shares traded. The stock had previously closed at GBX 815.50 ($10.34).

Beazley Stock Performance

The stock’s 50-day moving average is GBX 776.32 and its 200-day moving average is GBX 732.16. The company has a debt-to-equity ratio of 14.99, a current ratio of 21.78 and a quick ratio of 6.45. The stock has a market cap of £5.22 billion, a price-to-earnings ratio of 551.01, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

Insider Buying and Selling at Beazley

In other Beazley news, insider Fiona Muldoon acquired 10,000 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was bought at an average cost of GBX 779 ($9.87) per share, for a total transaction of £77,900 ($98,745.09). Also, insider John Reizenstein acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was acquired at an average cost of GBX 736 ($9.33) per share, with a total value of £36,800 ($46,647.23). 2.31% of the stock is owned by company insiders.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.