Lancashire (LON:LRE) Shares Pass Above 200-Day Moving Average – Should You Sell?

by · The Cerbat Gem

Lancashire Holdings Limited (LON:LRE – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 641.18 ($8.04) and traded as high as GBX 659 ($8.26). Lancashire shares last traded at GBX 658 ($8.25), with a volume of 1,049,388 shares traded.

Lancashire Price Performance

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 £1.58 billion, a price-to-earnings ratio of 583.19, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. The company has a 50-day simple moving average of GBX 648.29 and a two-hundred day simple moving average of GBX 641.61.

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. This represents a dividend yield of 9.18%. The ex-dividend date was Thursday, November 14th. This is a boost from Lancashire’s previous dividend of $0.08. Lancashire’s payout ratio is 1,592.92%.

About Lancashire

(Get Free Report)

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.

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