Hiscox (LON:HSX) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Hiscox Ltd (LON:HSX) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,104.08 ($14.77) and traded as high as GBX 1,173 ($15.70). Hiscox shares last traded at GBX 1,171 ($15.67), with a volume of 635,624 shares trading hands.

Hiscox Price Performance

The firm has a market cap of £5.05 billion, a price-to-earnings ratio of 7.19, a PEG ratio of -2.30 and a beta of 0.65. The company’s 50-day moving average price is GBX 1,131.99 and its 200-day moving average price is GBX 1,104.08.

Hiscox Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, June 9th. Investors of record on Thursday, April 24th will be issued a $0.30 dividend. This is a boost from Hiscox’s previous dividend of $0.13. The ex-dividend date is Thursday, April 24th. This represents a yield of 2.03%. Hiscox’s dividend payout ratio (DPR) is 18.41%.

About Hiscox

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.