Beazley (LON:BEZ) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Beazley plc (LON:BEZ) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,103.17 and traded as high as GBX 1,281.50. Beazley shares last traded at GBX 1,281, with a volume of 2,118,132 shares trading hands.

Beazley Price Performance

The company’s 50 day moving average is GBX 1,275.05 and its 200 day moving average is GBX 1,103.17. The firm has a market capitalization of £7.57 billion, a price-to-earnings ratio of 8.85, a P/E/G ratio of 1.57 and a beta of 0.28.

Insiders Place Their Bets

In other news, insider Paul Bantick acquired 141 shares of Beazley stock in a transaction dated Friday, April 10th. The shares were bought at an average cost of GBX 1,272 per share, with a total value of £1,793.52. Also, insider Adrian Cox sold 15,223 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of GBX 1,279, for a total transaction of £194,702.17. Over the last ninety days, insiders sold 119,389 shares of company stock worth $153,731,417. Insiders own 1.74% 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.