Beazley (LON:BEZ) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Shares of Beazley plc (LON:BEZ) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,183.59 and traded as high as GBX 1,288.50. Beazley shares last traded at GBX 1,287.50, with a volume of 1,210,727 shares traded.

Beazley Stock Performance

The company has a market cap of £7.61 billion, a price-to-earnings ratio of 8.89, a price-to-earnings-growth ratio of 1.57 and a beta of 0.32. The stock’s fifty day simple moving average is GBX 1,281.70 and its two-hundred day simple moving average is GBX 1,183.59.

Insider Buying and Selling at Beazley

In related news, insider Adrian Cox sold 15,223 shares of Beazley stock in a transaction 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 stock in a transaction on Friday, April 10th. The shares were purchased at an average cost of GBX 1,272 per share, with a total value of £1,793.52. Company 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.