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

Beazley plc (LON:BEZ) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.

Beazley Price Performance

The stock has a market cap of £7.59 billion, a P/E ratio of 8.87, a P/E/G ratio of 1.57 and a beta of 0.30. The company’s 50 day simple moving average is GBX 1,279.96 and its 200 day simple moving average is GBX 1,161.78.

Insiders Place Their Bets

In other news, insider Adrian Cox sold 15,223 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of GBX 1,279, for a total value of £194,702.17. Also, insider Paul Bantick acquired 141 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was purchased 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.