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Hiscox (LON:HSX) Share Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Hiscox logo with Financial Services background

Hiscox Ltd (LON:HSX - Get Free Report) shares crossed 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 trading hands.

Hiscox Price Performance

The business has a 50 day simple moving average of GBX 1,143.13 and a 200 day simple moving average of GBX 1,104.62. The stock 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 company also recently disclosed a dividend, which will be paid on Monday, June 9th. Investors of record on Thursday, April 24th will be issued a $0.30 dividend. The ex-dividend date is Thursday, April 24th. This represents a yield of 2.03%. This is an increase from Hiscox's previous dividend of $0.13. Hiscox's dividend payout ratio is currently 18.41%.

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.

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