Hiscox (LON:HSX) Stock Passes Above 200 Day Moving Average – Should You Sell?

Hiscox Ltd (LON:HSX) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,103.97 ($14.81) and traded as high as GBX 1,165 ($15.63). Hiscox shares last traded at GBX 1,093 ($14.66), with a volume of 1,858,642 shares changing hands.

Hiscox Trading Up 0.2 %

The firm has a 50-day moving average price of GBX 1,140.06 and a 200-day moving average price of GBX 1,103.97. The company has a market capitalization of £4.72 billion, a price-to-earnings ratio of 6.72, a PEG ratio of -2.30 and a beta of 0.65.

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 dividend of $0.30 per share. This is a positive change from Hiscox’s previous dividend of $0.13. This represents a yield of 2.03%. The ex-dividend date is Thursday, April 24th. Hiscox’s payout ratio is presently 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.