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

Lancashire Holdings Limited (LON:LRE)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

Lancashire Stock Up 0.9 %

The stock’s fifty day moving average is GBX 645.91 and its two-hundred day moving average is GBX 639.61. The company has a debt-to-equity ratio of 30.12, a current ratio of 25.01 and a quick ratio of 1.18. The stock has a market capitalization of £1.63 billion, a P/E ratio of 599.12, a PEG ratio of 0.21 and a beta of 0.62.

Lancashire Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.75 per share. This represents a yield of 9.18%. The ex-dividend date of this dividend was Thursday, November 14th. This is an increase from Lancashire’s previous dividend of $0.08. Lancashire’s dividend payout ratio (DPR) is 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.