Hiscox (LON:HSX) Shares Down 1.3% – Here’s Why

Hiscox Ltd (LON:HSXGet Free Report)’s stock price dropped 1.3% during trading on Friday . The stock traded as low as GBX 1,110.80 ($14.16) and last traded at GBX 1,126 ($14.35). Approximately 907,414 shares traded hands during trading, a decline of 43% from the average daily volume of 1,578,769 shares. The stock had previously closed at GBX 1,141 ($14.55).

Hiscox Trading Down 1.3 %

The company has a market cap of £3.83 billion, a price-to-earnings ratio of 717.20, a price-to-earnings-growth ratio of -2.30 and a beta of 0.65. The business’s fifty day moving average price is GBX 1,094.96 and its 200 day moving average price is GBX 1,149.24. The company has a debt-to-equity ratio of 20.47, a current ratio of 9.29 and a quick ratio of 0.10.

Insider Activity at Hiscox

In other news, insider Paul Cooper purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were acquired at an average cost of GBX 1,023 ($13.04) per share, with a total value of £102,300 ($130,418.15). 0.49% of the stock is owned by company insiders.

About Hiscox

(Get Free Report)

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.

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