Admiral Group (OTCMKTS:AMIGY) Shares Down 1.3% – What’s Next?

Admiral Group plc (OTCMKTS:AMIGY) shares fell 1.3% during trading on Friday . The company traded as low as $48.75 and last traded at $48.75. 12,120 shares were traded during trading, a decline of 80% from the average session volume of 61,186 shares. The stock had previously closed at $49.41.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AMIGY. Royal Bank Of Canada cut Admiral Group from a “sector perform” rating to a “sector perform” rating in a research report on Friday, June 19th. The Goldman Sachs Group upgraded shares of Admiral Group from a “sell” rating to a “neutral” rating in a report on Thursday. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Admiral Group Trading Down 1.3%

The firm has a fifty day moving average price of $46.25 and a 200-day moving average price of $43.43.

About Admiral Group

Admiral Group plc is a UK-based specialist insurer founded in 1993 and headquartered in Cardiff, Wales. Since its inception, the company has focused on developing straightforward insurance products sold directly to customers, pioneering the use of online sales and multi-car policies. Admiral’s low-overhead model and emphasis on technology have helped it establish a significant presence in the personal lines insurance market.

The core offering of Admiral Group centers on motor insurance, with additional products including home insurance, travel cover and breakdown assistance.