Admiral Group (LON:ADM) Shares Pass Above 200-Day Moving Average – What’s Next?

Admiral Group plc (LON:ADM)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,725.19 ($35.39) and traded as high as GBX 2,850 ($37.01). Admiral Group shares last traded at GBX 2,844.27 ($36.93), with a volume of 1,012,181 shares.

Admiral Group Trading Up 0.9 %

The firm has a market capitalization of £8.95 billion, a PE ratio of 22.32, a P/E/G 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. The firm has a fifty day moving average of GBX 2,844.43 and a 200 day moving average of GBX 2,726.40.

Admiral Group (LON:ADM) last announced its quarterly earnings results on Thursday, March 6th. The company reported GBX 216.60 ($2.81) earnings per share (EPS) for the quarter. Admiral Group had a return on equity of 38.14% and a net margin of 8.82%. Equities research analysts expect that Admiral Group plc will post 161.0199297 EPS for the current year.

Admiral Group Increases Dividend

The company also recently disclosed 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 ($1.57) per share. This is a boost from Admiral Group’s previous dividend of $71.00. The ex-dividend date is Thursday, May 15th. This represents a yield of 4.02%. Admiral Group’s dividend payout ratio (DPR) 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.