London Stock Exchange Group (LON:LSEG) Trading Down 0.3% - Should You Sell?

London Stock Exchange Group plc (LON:LSEG - Get Free Report) dropped 0.3% during mid-day trading on Thursday . The company traded as low as £107.70 ($145.82) and last traded at £108.49 ($146.89). Approximately 522,866 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 5,380,249 shares. The stock had previously closed at £108.85 ($147.37).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a "buy" rating on shares of London Stock Exchange Group in a research report on Tuesday, May 6th.

London Stock Exchange Group Trading Down 0.7%

The business has a 50-day simple moving average of £113.40 and a 200-day simple moving average of £114. The company has a market cap of £56.96 billion, a PE ratio of 84.39, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 47.39.

Insiders Place Their Bets

In related news, insider David Schwimmer sold 13,843 shares of the business's stock in a transaction on Monday, April 7th. The shares were sold at an average price of £104.44 ($141.40), for a total value of £1,445,762.92 ($1,957,436.93). Also, insider Michel-Alain Proch sold 9,183 shares of the business's stock in a transaction on Thursday, April 10th. The shares were sold at an average price of £111.36 ($150.77), for a total transaction of £1,022,618.88 ($1,384,536.80). Insiders own 5.64% of the company's stock.

London Stock Exchange Group Company Profile

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain. With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world's financial ecosystem and enable the sustainable growth and stability of our customers and their communities. Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle. LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.