London Finance & Investment Group (LON:LFI) Stock Price Down 4.8% – Should You Sell?

London Finance & Investment Group P.L.C. (LON:LFI)’s share price was down 4.8% on Thursday . The stock traded as low as GBX 47.10 ($0.61) and last traded at GBX 47.10 ($0.61). Approximately 375 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 17,231 shares. The stock had previously closed at GBX 49.50 ($0.64).

London Finance & Investment Group Stock Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 47.62 and a quick ratio of 28.52. The stock has a market capitalization of £14.70 million, a P/E ratio of 336.43 and a beta of 0.48. The company has a fifty day moving average of GBX 50 and a two-hundred day moving average of GBX 52.14.

London Finance & Investment Group Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, December 18th. Investors of record on Thursday, December 5th will be issued a GBX 0.60 ($0.01) dividend. This represents a yield of 1.17%. The ex-dividend date is Thursday, December 5th. London Finance & Investment Group’s dividend payout ratio is currently 714.29%.

About London Finance & Investment Group

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.