Beazley (LON:BEZ) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Beazley plc (LON:BEZ) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,161.78 and traded as high as GBX 1,285. Beazley shares last traded at GBX 1,284, with a volume of 3,881,969 shares trading hands.

Beazley Stock Performance

The stock has a market capitalization of £7.59 billion, a PE ratio of 8.87, a P/E/G ratio of 1.57 and a beta of 0.30. The stock has a 50 day moving average price of GBX 1,280.40 and a 200-day moving average price of GBX 1,166.15.

Insider Transactions at Beazley

In other Beazley news, insider Paul Bantick acquired 141 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The shares were bought at an average price of GBX 1,272 per share, with a total value of £1,793.52. Also, insider Adrian Cox sold 15,223 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of GBX 1,279, for a total transaction of £194,702.17. Insiders own 1.86% 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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.