Beazley plc (LON:BEZ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 715.44 ($9.02) and traded as high as GBX 742 ($9.35). Beazley shares last traded at GBX 737 ($9.29), with a volume of 1,495,415 shares.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank boosted their price objective on Beazley from GBX 880 ($11.09) to GBX 950 ($11.97) and gave the stock a "buy" rating in a research note on Thursday, August 8th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of GBX 943 ($11.88).
View Our Latest Stock Report on BEZ
Beazley Trading Down 0.7 %
The firm has a market cap of £4.63 billion, a price-to-earnings ratio of 497.97, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. The business's 50 day moving average price is GBX 769.06 and its 200-day moving average price is GBX 715.59. The company has a debt-to-equity ratio of 14.99, a quick ratio of 6.45 and a current ratio of 21.78.
Insider Activity at Beazley
In other Beazley news, insider Fiona Muldoon bought 10,000 shares of the business's stock in a transaction on Friday, September 27th. The shares were purchased at an average price of GBX 779 ($9.82) per share, with a total value of £77,900 ($98,172.65). Corporate insiders own 2.31% of the company's stock.
Beazley Company Profile
(
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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.
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