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

Lancashire Holdings Limited (LON:LRE) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 traded.

Lancashire Trading Down 0.9 %

The stock has a market capitalization of £1.55 billion, a price-to-earnings ratio of 569.91, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. The company has a fifty day moving average of GBX 649.07 and a two-hundred day moving average of GBX 649.07. The company has a current ratio of 25.01, a quick ratio of 1.18 and a debt-to-equity ratio of 30.12.

Lancashire Increases Dividend

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