Legal & General Group PLC (OTCMKTS:LGGNY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $17.23 and traded as high as $17.38. Legal & General Group shares last traded at $17.33, with a volume of 15,670 shares traded.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on LGGNY shares. The Goldman Sachs Group downgraded Legal & General Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 2nd. UBS Group downgraded Legal & General Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Royal Bank Of Canada downgraded Legal & General Group from a "hold" rating to a "strong sell" rating in a research note on Tuesday, July 22nd. Finally, Hsbc Global Res upgraded Legal & General Group to a "hold" rating in a research note on Monday, May 19th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce".
Read Our Latest Report on Legal & General Group
Legal & General Group Price Performance
The company has a fifty day moving average price of $17.23 and a 200 day moving average price of $16.47. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 2.19.
Legal & General Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, October 3rd. Investors of record on Monday, August 25th will be issued a $0.3816 dividend. This represents a yield of 773.0%. The ex-dividend date of this dividend is Friday, August 22nd.
About Legal & General Group
(
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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.
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