Beazley plc (LON:BEZ – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 808.43 ($10.47) and traded as high as GBX 885.50 ($11.46). Beazley shares last traded at GBX 882.50 ($11.43), with a volume of 146,590,563 shares trading hands.
Beazley Trading Up 1.5 %
The stock has a market capitalization of £7.01 billion, a price-to-earnings ratio of 5.71, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. The firm’s fifty day moving average price is GBX 855.80 and its 200 day moving average price is GBX 809.26.
Beazley (LON:BEZ – Get Free Report) last released its quarterly earnings results on Tuesday, March 4th. The company reported GBX 137 ($1.77) EPS for the quarter. Beazley had a return on equity of 32.60% and a net margin of 22.82%. On average, analysts forecast that Beazley plc will post 101.6172507 earnings per share for the current fiscal year.
Beazley Increases Dividend
Beazley declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 4th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.
Insider Buying and Selling
In other Beazley news, insider Adrian Cox sold 27,772 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of GBX 902 ($11.68), for a total value of £250,503.44 ($324,318.28). 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.
See Also
- Five stocks we like better than Beazley
- Health Care Stocks Explained: Why You Might Want to Invest
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- What is the Euro STOXX 50 Index?
- Top 3 Beverage Stocks Pouring Out Profits
- Overbought Stocks Explained: Should You Trade Them?
- CarMax and Carvana: Steering the Used Car Market
Receive News & Ratings for Beazley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazley and related companies with MarketBeat.com's FREE daily email newsletter.