London Security (LON:LSC) Trading 2.9% Higher - Here's What Happened

Key Points

• London Security plc shares increased by 2.9%, reaching GBX 3,755 ($49.91), despite a trading volume decline of 72% from the average session.
• The company has a current market capitalization of £453.97 million, a price-to-earnings ratio of 19.81, and shows strong liquidity with a quick ratio of 2.08.
• In its latest quarterly earnings report, London Security posted an EPS of GBX 176.70 ($2.35) with a net margin of 10.34% and return on equity of 14.69%.

London Security plc (LON:LSC - Get Free Report)'s share price shot up 2.9% during mid-day trading on Monday . The stock traded as high as GBX 3,755 ($50.50) and last traded at GBX 3,755 ($50.50). 45 shares traded hands during trading, a decline of 72% from the average session volume of 159 shares. The stock had previously closed at GBX 3,650 ($49.09).

London Security Price Performance

The stock has a market cap of £441.27 million, a PE ratio of 19.25 and a beta of 0.33. The company has a current ratio of 2.55, a quick ratio of 2.08 and a debt-to-equity ratio of 4.75. The company's 50 day moving average is GBX 3,707.40 and its 200-day moving average is GBX 3,684.79.

London Security (LON:LSC - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported GBX 176.70 ($2.38) earnings per share (EPS) for the quarter. London Security had a net margin of 10.34% and a return on equity of 14.69%.

About London Security

London Security plc, an investment holding company, manufactures, sells, and rents fire protection equipment in the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark, and Luxembourg. It also provides intruder alarms products, as well as fire protection equipment maintenance services.