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Beazley (LON:BEZ) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Beazley logo with Financial Services background

Shares of Beazley plc (LON:BEZ - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 711.92 ($9.27) and traded as high as GBX 803 ($10.45). Beazley shares last traded at GBX 778 ($10.13), with a volume of 1,283,257 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank increased their target price on shares of Beazley from GBX 880 ($11.46) to GBX 950 ($12.37) and gave the stock a "buy" rating in a research report on Thursday, August 8th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of GBX 943 ($12.28).

View Our Latest Research Report on BEZ

Beazley Trading Down 1.5 %

The company has a quick ratio of 6.45, a current ratio of 21.78 and a debt-to-equity ratio of 14.99. The company has a market capitalization of £4.81 billion, a price-to-earnings ratio of 518.24, a P/E/G ratio of 1.57 and a beta of 0.68. The company has a 50-day moving average price of GBX 770.56 and a 200-day moving average price of GBX 711.92.

Insider Activity at Beazley

In related news, insider Fiona Muldoon bought 10,000 shares of the company's stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average price of GBX 779 ($10.14) per share, for a total transaction of £77,900 ($101,405.88). 2.31% of the stock is owned by insiders.

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.

See Also

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