Hiscox (LON:HSX) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Hiscox Ltd (LON:HSX)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,104 ($14.45) and traded as high as GBX 1,131 ($14.80). Hiscox shares last traded at GBX 1,103 ($14.44), with a volume of 1,207,994 shares changing hands.

Hiscox Price Performance

The business has a 50-day moving average of GBX 1,122.76 and a 200 day moving average of GBX 1,104. The company has a market capitalization of £4.75 billion, a PE ratio of 6.77, a P/E/G ratio of -2.30 and a beta of 0.65.

Hiscox Increases Dividend

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