London Stock Exchange Group (OTCMKTS:LNSTY) Sets New 12-Month Low - What's Next?

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) shares hit a new 52-week low on Tuesday . The company 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.

Analyst Ratings Changes

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

London Stock Exchange Group Trading Down 1.2%

The business's 50-day moving average price is $33.32 and its 200-day moving average price is $36.12. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.00 and a quick ratio of 1.00.

London Stock Exchange Group Cuts Dividend

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

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.