Luceco (LON:LUCE) Sets New 52-Week High at $167.00

Luceco plc (LON:LUCE - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 167 ($2.06) and last traded at GBX 162.80 ($2.01), with a volume of 166832 shares changing hands. The stock had previously closed at GBX 159.40 ($1.97).

Luceco Stock Up 2.1 %

The company has a debt-to-equity ratio of 29.21, a current ratio of 2.02 and a quick ratio of 1.51. The firm has a market cap of £261.78 million, a price-to-earnings ratio of 1,480.00, a price-to-earnings-growth ratio of 0.62 and a beta of 1.19. The firm has a 50 day moving average price of GBX 141.31 and a 200-day moving average price of GBX 130.45.

Luceco Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 17th. Stockholders of record on Thursday, April 11th will be paid a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 2.64%. The ex-dividend date of this dividend is Thursday, April 11th. This is a positive change from Luceco's previous dividend of $1.60. Luceco's dividend payout ratio is 4,545.45%.

Insider Activity

In other news, insider John Hornby purchased 1,300 shares of the business's stock in a transaction dated Thursday, February 29th. The shares were acquired at an average price of GBX 138 ($1.70) per share, with a total value of £1,794 ($2,215.91). 51.78% of the stock is currently owned by insiders.

About Luceco

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.