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London Stock Exchange Group (OTCMKTS:LNSTY) Sees Large Volume Increase - Should You Buy?

London Stock Exchange Group logo with Finance background

Key Points

  • Trading Volume Surge: London Stock Exchange Group's shares experienced a significant 249% increase in trading volume, with approximately 1,865,778 shares traded on Wednesday.
  • Analyst Upgrade: BNP Paribas raised its rating for the London Stock Exchange Group from "hold" to "strong-buy," indicating increased confidence in the company's prospects.
  • Current Share Price: The stock is currently trading at $34.02, having risen from a previous close of $32.90.
  • Want stock alerts on London Stock Exchange Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

London Stock Exchange Group plc - Unsponsored ADR (OTCMKTS:LNSTY - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 1,865,778 shares traded hands during trading, an increase of 249% from the previous session's volume of 534,417 shares.The stock last traded at $34.02 and had previously closed at $32.90.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded London Stock Exchange Group from a "hold" rating to a "strong-buy" rating in a report on Friday, August 1st.

Get Our Latest Analysis on London Stock Exchange Group

London Stock Exchange Group Stock Performance

The business has a fifty day moving average of $36.57 and a 200 day moving average of $37.11. 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 Company Profile

(Get Free Report)

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.

See Also

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