Lancashire (LON:LRE) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Lancashire Holdings Limited (LON:LRE) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 648.71 ($8.10) and traded as high as GBX 653 ($8.15). Lancashire shares last traded at GBX 644 ($8.04), with a volume of 236,950 shares trading hands.

Lancashire Trading Down 0.9 %

The firm has a market capitalization of £1.55 billion, a P/E ratio of 569.91, a PEG ratio of 0.21 and a beta of 0.62. The company has a quick ratio of 1.18, a current ratio of 25.01 and a debt-to-equity ratio of 30.12. The business has a 50-day moving average price of GBX 649.07 and a 200-day moving average price of GBX 649.07.

Lancashire Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 14th were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a boost from Lancashire’s previous dividend of $0.08. This represents a dividend yield of 9.18%. Lancashire’s payout ratio is currently 1,592.92%.

Lancashire Company Profile

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.