Hiscox (LON:HSX) Share Price Passes Above 200 Day Moving Average – What’s Next?

Hiscox Ltd (LON:HSX)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,104.62 ($14.69) and traded as high as GBX 1,154 ($15.34). Hiscox shares last traded at GBX 1,146 ($15.24), with a volume of 1,025,228 shares.

Hiscox Stock Up 0.9 %

The business’s fifty day moving average is GBX 1,143.13 and its 200-day moving average is GBX 1,104.62. The company has a market cap of £4.98 billion, a PE ratio of 7.09, a P/E/G ratio of -2.30 and a beta of 0.65.

Hiscox Increases Dividend

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