Lancashire (LON:LRE) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

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

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 firm has a market cap of £1.58 billion, a price-to-earnings ratio of 583.19, a P/E/G ratio of 0.21 and a beta of 0.62. The business’s 50-day moving average price is GBX 648.29 and its two-hundred day moving average price is GBX 641.61.

Lancashire Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.75 per share. This is a positive change from Lancashire’s previous dividend of $0.08. The ex-dividend date of this dividend was Thursday, November 14th. This represents a yield of 9.18%. Lancashire’s payout ratio is presently 1,592.92%.

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.