LSL Property Services (LON:LSL) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

LSL Property Services plc (LON:LSL)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 279.20 ($3.68) and traded as high as GBX 300 ($3.95). LSL Property Services shares last traded at GBX 287.62 ($3.79), with a volume of 159,194 shares traded.

LSL Property Services Price Performance

The company has a market capitalization of £295.95 million, a price-to-earnings ratio of 27.79, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 62.42. The company has a 50 day simple moving average of GBX 271.43 and a 200 day simple moving average of GBX 279.20.

LSL Property Services (LON:LSL) last issued its earnings results on Wednesday, March 26th. The company reported GBX 21.10 ($0.28) earnings per share for the quarter. LSL Property Services had a return on equity of 13.68% and a net margin of 6.74%. As a group, research analysts predict that LSL Property Services plc will post 24.137931 EPS for the current year.

LSL Property Services Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 8th will be given a GBX 7.40 ($0.10) dividend. This is an increase from LSL Property Services’s previous dividend of $4.00. The ex-dividend date of this dividend is Thursday, May 8th. This represents a dividend yield of 2.79%. LSL Property Services’s dividend payout ratio is presently 106.30%.

Insider Activity at LSL Property Services

In other news, insider Adrian Collins bought 20,000 shares of LSL Property Services stock in a transaction on Thursday, March 27th. The shares were bought at an average price of GBX 276 ($3.64) per share, with a total value of £55,200 ($72,727.27). Also, insider Adam Castleton bought 14,195 shares of LSL Property Services stock in a transaction on Tuesday, April 1st. The shares were purchased at an average cost of GBX 272 ($3.58) per share, for a total transaction of £38,610.40 ($50,870.09). Over the last 90 days, insiders acquired 34,254 shares of company stock valued at $9,396,085. Insiders own 15.29% of the company’s stock.

About LSL Property Services

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.