Beazley (LON:BEZ) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Shares of Beazley plc (LON:BEZ) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 traded.

Beazley Stock Performance

The firm has a market capitalization of £7.59 billion, a price-to-earnings ratio of 8.87, a P/E/G ratio of 1.57 and a beta of 0.30. The company has a 50 day moving average price of GBX 1,278.48 and a two-hundred day moving average price of GBX 1,140.73.

Insider Activity at Beazley

In other news, insider Adrian Cox sold 15,223 shares of the company’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 transaction of £194,702.17. Also, insider Paul Bantick bought 141 shares of Beazley stock in a transaction dated Friday, April 10th. The shares were acquired at an average cost of GBX 1,272 per share, with a total value of £1,793.52. Corporate 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.