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

Beazley plc (LON:BEZGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 858.50 ($10.73) and last traded at GBX 856.50 ($10.71), with a volume of 2492043 shares changing hands. The stock had previously closed at GBX 836.50 ($10.46).

Beazley Trading Up 2.4 %

The company’s 50-day moving average is GBX 816.30 and its 200-day moving average is GBX 771.03. The firm has a market cap of £5.38 billion, a price-to-earnings ratio of 578.72, a P/E/G ratio of 1.57 and a beta of 0.68. The company has a debt-to-equity ratio of 14.99, a quick ratio of 6.45 and a current ratio of 21.78.

Insiders Place Their Bets

In related news, insider John Reizenstein purchased 5,000 shares of the stock in a transaction dated Tuesday, November 19th. The stock was bought at an average cost of GBX 736 ($9.20) per share, with a total value of £36,800 ($46,005.75). Company insiders own 2.31% of the company’s stock.

About Beazley

(Get Free Report)

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.

Further Reading

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