Luceco (LON:LUCE) Shares Down 0.9%

Luceco plc (LON:LUCEGet Rating)’s share price dropped 0.9% during trading on Wednesday . The stock traded as low as GBX 104.60 ($1.27) and last traded at GBX 105.60 ($1.28). Approximately 317,188 shares traded hands during trading, a decline of 31% from the average daily volume of 460,063 shares. The stock had previously closed at GBX 106.60 ($1.29).

The company has a debt-to-equity ratio of 51.31, a current ratio of 1.90 and a quick ratio of 1.07. The stock’s fifty day simple moving average is GBX 147.96 and its 200-day simple moving average is GBX 235.02. The company has a market capitalization of £166.69 million and a P/E ratio of 5.97.

The company also recently declared a dividend, which was paid on Friday, May 20th. Shareholders of record on Thursday, April 7th were issued a dividend of GBX 5.50 ($0.07) per share. This represents a yield of 2.36%. This is a boost from Luceco’s previous dividend of $2.60. The ex-dividend date of this dividend was Thursday, April 7th. Luceco’s dividend payout ratio is 0.42%.

In other Luceco news, insider Tim Surridge sold 6,200 shares of the company’s stock in a transaction dated Friday, March 25th. The shares were sold at an average price of GBX 210 ($2.55), for a total transaction of £13,020 ($15,802.89).

Luceco Company Profile (LON:LUCE)

Luceco plc manufactures and distributes various light emitting diode (LED) lighting products and wiring accessories in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It operates through Wiring Accessories, Portable Power, and LED Lighting segments. The company offers interior lighting products, including panel, downlight, battens, and high bay; and exterior lighting products, such as floodlights, bulkheads, road lanterns, and bollards, as well as retrofit lamps and tubes, industrial lighting, exterior commercial and domestic site inspection, and lighting control products.

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