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Hiscox (LON:HSX) Sets New 52-Week High - Should You Buy?

Hiscox logo with Financial Services background

Hiscox Ltd (LON:HSX - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,310 ($17.73) and last traded at GBX 1,310 ($17.73), with a volume of 2397598 shares. The stock had previously closed at GBX 1,277 ($17.28).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank began coverage on Hiscox in a research note on Thursday, May 29th. They issued a "buy" rating and a GBX 1,450 ($19.63) price objective for the company.

View Our Latest Research Report on HSX

Hiscox Trading Up 1.9%

The stock has a market capitalization of £5.82 billion, a PE ratio of 8.29, a price-to-earnings-growth ratio of -2.30 and a beta of 0.65. The firm has a 50 day moving average price of GBX 1,173.44 and a 200 day moving average price of GBX 1,125.84.

Hiscox Company Profile

(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.

Further Reading

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