Lancashire (LON:LRE) Stock Passes Above 200-Day Moving Average – What’s Next?

Lancashire Holdings Limited (LON:LRE) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 646.70 ($7.87) and traded as high as GBX 660 ($8.03). Lancashire shares last traded at GBX 660 ($8.03), with a volume of 279,419 shares trading hands.

Lancashire Stock Performance

The stock’s 50 day moving average price is GBX 648.64 and its 200 day moving average price is GBX 647.06. The company has a current ratio of 25.01, a quick ratio of 1.18 and a debt-to-equity ratio of 30.12. The company has a market cap of £1.59 billion, a price-to-earnings ratio of 587.61, a P/E/G 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. Investors of record on Thursday, November 14th were given a dividend of $0.75 per share. This is a positive change from Lancashire’s previous dividend of $0.08. The ex-dividend date was Thursday, November 14th. This represents a yield of 9.18%. Lancashire’s dividend payout ratio 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.