Lancashire (LON:LRE) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Lancashire Holdings Limited (LON:LRE) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 643.34 ($8.05) and traded as high as GBX 662 ($8.28). Lancashire shares last traded at GBX 659 ($8.25), with a volume of 336,864 shares.

Lancashire Price Performance

The company has a debt-to-equity ratio of 30.12, a quick ratio of 1.18 and a current ratio of 25.01. The stock’s 50-day moving average is GBX 648.87 and its two-hundred day moving average is GBX 643.72. The stock has a market cap of £1.58 billion, a PE ratio of 581.42, a PEG ratio of 0.21 and a beta of 0.62.

Lancashire Increases Dividend

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