Lancashire (LON:LRE) Reaches New 52-Week Low – What’s Next?

Shares of Lancashire Holdings Limited (LON:LRE) reached a new 52-week low on Friday . The company traded as low as GBX 547 ($7.17) and last traded at GBX 549 ($7.19), with a volume of 8428756 shares trading hands. The stock had previously closed at GBX 583 ($7.64).

Lancashire Price Performance

The company has a quick ratio of 1.18, a current ratio of 33.62 and a debt-to-equity ratio of 31.26. The firm has a market capitalization of £1.64 billion, a PE ratio of 10.36, a PEG ratio of 0.21 and a beta of 0.62. The firm’s fifty day simple moving average is GBX 602.10 and its 200-day simple moving average is GBX 636.26.

Lancashire Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th were paid a GBX 5 ($0.07) dividend. The ex-dividend date was Thursday, March 20th. This is a boost from Lancashire’s previous dividend of $0.15. This represents a dividend yield of 1.05%. Lancashire’s dividend payout ratio is 34.29%.

Insider Buying and Selling

In other news, insider Alex Maloney sold 171,526 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of GBX 550 ($7.21), for a total value of £943,393 ($1,236,101.94). 0.64% of the stock is owned by company insiders.

About Lancashire

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.