Luceco (LON:LUCE) Trading 2% Higher

Luceco plc (LON:LUCE) traded up 2% during mid-day trading on Monday . The company traded as high as GBX 155.80 ($2.04) and last traded at GBX 153 ($2.00). 141,769 shares changed hands during trading, a decline of 40% from the average session volume of 234,968 shares. The stock had previously closed at GBX 150 ($1.96).

Luceco Price Performance

The company has a debt-to-equity ratio of 29.53, a current ratio of 2.02 and a quick ratio of 1.51. The business’s 50 day moving average price is GBX 157.64 and its 200 day moving average price is GBX 158.33. The stock has a market capitalization of £232.89 million, a P/E ratio of 1,372.73, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29.

Luceco Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 19th will be issued a GBX 1.70 ($0.02) dividend. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, September 19th. Luceco’s dividend payout ratio is currently 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.