Beazley (LON:BEZ) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Beazley plc (LON:BEZ) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 754.50 ($9.24) and traded as high as GBX 800 ($9.79). Beazley shares last traded at GBX 800 ($9.79), with a volume of 1,144,720 shares changing hands.

Beazley Price Performance

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 company has a market capitalization of £5.10 billion, a P/E ratio of 549.32, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. The firm’s 50-day moving average is GBX 794.03 and its 200-day moving average is GBX 754.50.

Insider Activity

In related news, insider John Reizenstein bought 5,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were bought at an average cost of GBX 736 ($9.01) per share, with a total value of £36,800 ($45,042.84). Insiders own 2.31% of the company’s stock.

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.