Legal & General Group PLC (OTCMKTS:LGGNY - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.95 and traded as low as $16.22. Legal & General Group shares last traded at $16.28, with a volume of 65,341 shares traded.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on LGGNY. UBS Group downgraded shares of Legal & General Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Royal Bank Of Canada downgraded Legal & General Group from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 22nd. Finally, The Goldman Sachs Group cut Legal & General Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 2nd. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Reduce".
Check Out Our Latest Stock Report on Legal & General Group
Legal & General Group Stock Performance
The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 2.19. The company has a fifty day simple moving average of $16.91 and a two-hundred day simple moving average of $16.51.
Legal & General Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, October 3rd. Stockholders of record on Monday, August 25th will be issued a $0.3816 dividend. This represents a dividend 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.
Further Reading
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