Lancashire (LON:LRE) Hits New 1-Year Low – Should You Sell?

Shares of Lancashire Holdings Limited (LON:LRE) reached a new 52-week low on Thursday . The stock traded as low as GBX 556 ($7.18) and last traded at GBX 557 ($7.19), with a volume of 686679 shares traded. The stock had previously closed at GBX 566 ($7.31).

Lancashire Price Performance

The firm has a market capitalization of £1.69 billion, a PE ratio of 10.65, a P/E/G ratio of 0.21 and a beta of 0.62. The company has a debt-to-equity ratio of 31.26, a current ratio of 33.62 and a quick ratio of 1.18. The business’s 50 day moving average is GBX 613.94 and its two-hundred day moving average is GBX 642.04.

Lancashire Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 5 ($0.06) per share. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 1.05%. This is a boost from Lancashire’s previous dividend of $0.15. Lancashire’s dividend payout ratio (DPR) is 34.29%.

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.