Beazley (LON:BEZ) Reaches New 52-Week High – Here’s Why

Beazley plc (LON:BEZ) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 1,298 and last traded at GBX 1,295.85, with a volume of 1375063 shares traded. The stock had previously closed at GBX 1,292.50.

Beazley Stock Up 0.2%

The firm’s 50 day simple moving average is GBX 1,287.89 and its two-hundred day simple moving average is GBX 1,270.31. The stock has a market cap of £7.65 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 1.57 and a beta of 0.31.

Insider Activity at Beazley

In related news, insider Adrian Cox sold 15,223 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of GBX 1,279, for a total transaction of £194,702.17. 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.