Lancashire (LON:LRE) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Lancashire Holdings Limited (LON:LRE) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 639.22 ($8.07) and traded as high as GBX 682 ($8.61). Lancashire shares last traded at GBX 677 ($8.54), with a volume of 498,557 shares traded.

Lancashire Stock Up 0.9 %

The firm’s 50-day moving average price is GBX 646.05 and its 200-day moving average price is GBX 639.22. The company has a market cap of £1.63 billion, a price-to-earnings ratio of 599.12, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. The company has a debt-to-equity ratio of 30.12, a current ratio of 25.01 and a quick ratio of 1.18.

Lancashire Increases Dividend

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