London Stock Exchange Group (OTCMKTS:LNSTY) Hits New 52-Week Low - Here's What Happened

Key Points

• The London Stock Exchange Group's stock reached a new 52-week low at $30.23, down from a previous close of $31.75, with a trading volume of 748,191 shares.
• Analysts have upgraded the stock from a "hold" to a "strong-buy" rating, contributing to its overall average rating of "Strong Buy" from MarketBeat.
• The company recently declared a dividend of $0.124, with a significant yield of 107.0%, to be paid to shareholders on October 2nd.

London Stock Exchange Group plc - Unsponsored ADR (OTCMKTS:LNSTY - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The stock traded as low as $30.23 and last traded at $30.25, with a volume of 748191 shares changing hands. The stock had previously closed at $31.75.

Analysts Set New Price Targets

Separately, BNP Paribas raised shares of London Stock Exchange Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, London Stock Exchange Group has an average rating of "Strong Buy".

London Stock Exchange Group Trading Down 5.1%

The company has a fifty day moving average of $33.90 and a 200 day moving average of $36.29. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.33.

London Stock Exchange Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Monday, August 18th will be paid a $0.124 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a yield of 107.0%.

London Stock Exchange Group Company Profile

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.

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