Lancashire (LON:LRE) Hits New 1-Year Low - Here's What Happened

Shares of Lancashire Holdings Limited (LON:LRE - Get Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 547 ($6.99) and last traded at GBX 549 ($7.02), with a volume of 8428756 shares. The stock had previously closed at GBX 583 ($7.45).

Lancashire Stock Down 0.7 %

The business has a 50 day moving average of GBX 593.60 and a 200 day moving average of GBX 631.50. The firm has a market capitalization of £1.63 billion, a price-to-earnings ratio of 10.31, a price-to-earnings-growth 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.

Lancashire Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Thursday, March 20th were issued a dividend of GBX 5 ($0.06) per share. The ex-dividend date of this dividend 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 (DPR) is presently 34.29%.

Insider Transactions at Lancashire

In other Lancashire news, insider Alex Maloney sold 171,526 shares of the company's stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 550 ($7.03), for a total transaction of £943,393 ($1,205,460.01). Company insiders own 0.64% of the company's stock.

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.