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Legal & General Group (LON:LGEN) Stock Passes Above 200 Day Moving Average - Should You Sell?

Legal & General Group logo with Financial Services background

Legal & General Group Plc (LON:LGEN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 241.93 ($3.25) and traded as high as GBX 255.30 ($3.43). Legal & General Group shares last traded at GBX 254.86 ($3.42), with a volume of 14,094,056 shares changing hands.

Legal & General Group Stock Performance

The firm's 50 day simple moving average is GBX 249.78 and its 200-day simple moving average is GBX 241.93. The company has a debt-to-equity ratio of 155.18, a quick ratio of 0.50 and a current ratio of 1.50. The company has a market capitalization of £15.03 billion, a price-to-earnings ratio of 47.34, a P/E/G ratio of 2.34 and a beta of 1.31.

Insider Buying and Selling at Legal & General Group

In related news, insider George Lewis bought 3,761 shares of Legal & General Group stock in a transaction that occurred on Thursday, June 5th. The stock was acquired at an average price of GBX 256 ($3.44) per share, for a total transaction of £9,628.16 ($12,928.91). Also, insider Clare Bousfield acquired 1,241 shares of the stock in a transaction dated Friday, June 13th. The stock was bought at an average price of GBX 251 ($3.37) per share, for a total transaction of £3,114.91 ($4,182.77). Insiders bought a total of 30,677 shares of company stock worth $7,817,889 over the last 90 days. 0.88% of the stock is currently owned by insiders.

Legal & General Group Company Profile

(Get Free Report)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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