Admiral Group (OTCMKTS:AMIGY) Trading Down 1.3% – Here’s What Happened
by Michael Walen · The Markets DailyAdmiral Group plc (OTCMKTS:AMIGY – Get Free Report)’s share price fell 1.3% on Friday . The company traded as low as $48.75 and last traded at $48.75. Approximately 12,120 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 61,186 shares. The stock had previously closed at $49.41.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on AMIGY shares. Royal Bank Of Canada cut shares of 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 Admiral Group from a “sell” rating to a “neutral” rating in a research report on Thursday. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Admiral Group currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on AMIGY
Admiral Group Stock Performance
The business has a 50 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.