Admiral Group (LON:ADM) Hits New 1-Year Low – Here’s What Happened

Admiral Group plc (LON:ADM)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 2,451 ($30.86) and last traded at GBX 2,452 ($30.87), with a volume of 310722 shares. The stock had previously closed at GBX 2,504 ($31.52).

Admiral Group Price Performance

The company has a debt-to-equity ratio of 114.95, a current ratio of 0.56 and a quick ratio of 0.42. The stock has a market cap of £7.29 billion, a price-to-earnings ratio of 1,855.73, a P/E/G ratio of 1.69 and a beta of 0.18. The stock has a fifty day moving average of GBX 2,691.15 and a 200 day moving average of GBX 2,699.37.

Insider Buying and Selling

In related news, insider Michael Brierley purchased 91 shares of the firm’s stock in a transaction on Monday, October 14th. The stock was bought at an average cost of GBX 2,736 ($34.45) per share, with a total value of £2,489.76 ($3,134.53). Also, insider Geraint Jones purchased 208 shares of the firm’s stock in a transaction on Monday, October 7th. The stock was bought at an average cost of GBX 2,791 ($35.14) per share, with a total value of £5,805.28 ($7,308.67). Corporate insiders own 18.30% of the company’s stock.

About Admiral Group

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.