Beazley (LON:BEZ) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of Beazley plc (LON:BEZ) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,140.73 and traded as high as GBX 1,285.50. Beazley shares last traded at GBX 1,284, with a volume of 4,838,882 shares.

Beazley Stock Up 0.1%

The stock has a fifty day simple moving average of GBX 1,278.98 and a 200 day simple moving average of GBX 1,147.55. The firm has a market capitalization of £7.59 billion, a P/E ratio of 8.87, a PEG ratio of 1.57 and a beta of 0.30.

Insider Activity

In related news, insider Adrian Cox sold 15,223 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 1,279, for a total value of £194,702.17. Also, insider Paul Bantick purchased 141 shares of the company’s stock in a transaction on Friday, April 10th. The stock was acquired at an average price of GBX 1,272 per share, with a total value of £1,793.52. Company insiders own 1.86% of the company’s stock.

About Beazley

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.