London Finance & Investment Group (LON:LFI) Shares Up 4.8%

London Finance & Investment Group P.L.C. (LON:LFI) shares shot up 4.8% during trading on Wednesday . The stock traded as high as GBX 55 ($0.68) and last traded at GBX 55 ($0.68). 112 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 11,528 shares. The stock had previously closed at GBX 52.50 ($0.65).

London Finance & Investment Group Price Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 28.52 and a current ratio of 47.62. The firm has a 50 day simple moving average of GBX 51.24 and a two-hundred day simple moving average of GBX 42.55. The stock has a market cap of £16.39 million, a P/E ratio of 1,750.00 and a beta of 0.45.

London Finance & Investment Group Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were paid a dividend of GBX 0.60 ($0.01) per share. This represents a dividend yield of 1.14%. The ex-dividend date was Thursday, March 21st. London Finance & Investment Group’s dividend payout ratio is currently 3,333.33%.

London Finance & Investment Group Company Profile

London Finance & Investment Group P.L.C., together with its subsidiaries, operates as an investment finance and management company. It primarily invests in smaller U.K. quoted companies, which are balanced by a general portfolio that consists of investments in U.S., U.K. and European equities. The general portfolio includes interest in food and beverage, oil, natural resources, chemicals, and tobacco sectors.