Luceco (LON:LUCE) Trading 2% Higher

Luceco plc (LON:LUCE)’s stock price was up 2% during trading on Monday . The stock traded as high as GBX 155.80 ($2.04) and last traded at GBX 153 ($2.00). Approximately 141,769 shares were traded during trading, a decline of 40% from the average daily volume of 234,968 shares. The stock had previously closed at GBX 150 ($1.96).

Luceco Stock Down 3.6 %

The stock’s 50 day simple moving average is GBX 157.64 and its two-hundred day simple moving average is GBX 158.33. The firm has a market cap of £232.89 million, a P/E ratio of 1,372.73, a P/E/G ratio of 0.62 and a beta of 1.29. The company has a debt-to-equity ratio of 29.53, a current ratio of 2.02 and a quick ratio of 1.51.

Luceco Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 19th will be given a dividend of GBX 1.70 ($0.02) per share. This represents a yield of 1.11%. The ex-dividend date is Thursday, September 19th. Luceco’s dividend payout ratio (DPR) is presently 4,545.45%.

Luceco Company Profile

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.