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Legal & General Group (OTCMKTS:LGGNY) Stock Price Passes Above 50-Day Moving Average - Here's Why

Legal & General Group logo with Finance background

Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.83 and traded as high as $16.78. Legal & General Group shares last traded at $16.76, with a volume of 22,842 shares.

Wall Street Analysts Forecast Growth

Separately, Hsbc Global Res upgraded shares of Legal & General Group to a "hold" rating in a research note on Monday, May 19th.

View Our Latest Analysis on Legal & General Group

Legal & General Group Stock Performance

The stock has a 50-day simple moving average of $15.83 and a two-hundred day simple moving average of $15.26.

Legal & General Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, April 25th will be paid a $0.9943 dividend. This is an increase from Legal & General Group's previous dividend of $0.36. The ex-dividend date is Friday, April 25th.

About Legal & General Group

(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.

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