Lok’nStore Group Plc (LON:LOK – Get Rating) insider Charles Peal sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of GBX 930 ($10.93), for a total transaction of £93,000 ($109,283.20).
Lok’nStore Group Price Performance
LOK stock opened at GBX 935 ($10.99) on Friday. The company has a current ratio of 5.15, a quick ratio of 5.09 and a debt-to-equity ratio of 37.54. Lok’nStore Group Plc has a twelve month low of GBX 674 ($7.92) and a twelve month high of GBX 1,090 ($12.81). The company’s 50 day moving average is GBX 853.35 and its two-hundred day moving average is GBX 938.53. The stock has a market cap of £280.62 million and a P/E ratio of 2,333.75.
Lok’nStore Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, January 6th. Shareholders of record on Thursday, November 24th will be issued a dividend of GBX 12.25 ($0.14) per share. The ex-dividend date is Thursday, November 24th. This represents a yield of 1.42%. This is a boost from Lok’nStore Group’s previous dividend of $5.00. Lok’nStore Group’s dividend payout ratio (DPR) is presently 39.18%.
About Lok’nStore Group
Lok'nStore Group Plc develops and operates self-storage centers in the United Kingdom. It offers personal storage services for furniture and belongings while moving property, decluttering, home improvements, redecorating, travelling overseas, and other events. The company also operates business self-storage units and spaces with warehouse space for office furniture, pallets, archives, boxes, eBay, and online retailer stock; and insurance services.
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