Luceco (LON:LUCE) Reaches New 1-Year High at $169.80

Luceco plc (LON:LUCE - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 169.80 ($2.13) and last traded at GBX 169.60 ($2.13), with a volume of 221937 shares traded. The stock had previously closed at GBX 162.80 ($2.04).

Luceco Stock Up 4.2 %

The company has a debt-to-equity ratio of 29.53, a current ratio of 2.02 and a quick ratio of 1.51. The stock has a market capitalization of £272.72 million, a price-to-earnings ratio of 1,541.82, a PEG ratio of 0.62 and a beta of 1.15. The firm's fifty day moving average is GBX 146.19 and its 200-day moving average is GBX 134.64.

Luceco Increases Dividend

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

Insider Transactions at Luceco

In related news, insider John Hornby purchased 1,300 shares of the company's stock in a transaction dated Thursday, February 29th. The shares were acquired at an average cost of GBX 138 ($1.73) per share, for a total transaction of £1,794 ($2,253.20). Corporate insiders own 56.74% of the company's stock.

Luceco Company Profile

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.

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