Hiscox (LON:HSX) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Hiscox Ltd (LON:HSX)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,108.26 ($14.27) and traded as high as GBX 1,200.62 ($15.46). Hiscox shares last traded at GBX 1,187 ($15.28), with a volume of 149,520,328 shares traded.

Hiscox Price Performance

The firm has a market cap of £5.11 billion, a price-to-earnings ratio of 7.28, a PEG ratio of -2.30 and a beta of 0.65. The stock has a 50-day moving average price of GBX 1,108.80 and a 200 day moving average price of GBX 1,108.26.

Hiscox Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 9th. Shareholders of record on Thursday, April 24th will be paid a $0.30 dividend. The ex-dividend date is Thursday, April 24th. This is a positive change from Hiscox’s previous dividend of $0.13. This represents a yield of 2.03%. Hiscox’s payout ratio is currently 18.41%.

Hiscox Company Profile

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.