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

Lancashire Holdings Limited (LON:LRE) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 Stock Performance

The firm has a fifty day moving average price of GBX 648.73 and a two-hundred day moving average price of GBX 643.34. 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 PE ratio of 583.19, 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 paid a $0.75 dividend. This represents a yield of 9.18%. The ex-dividend date was Thursday, November 14th. This is an increase from Lancashire’s previous dividend of $0.08. Lancashire’s dividend payout ratio (DPR) is currently 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.