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

Key Points

• Shares of the London Stock Exchange Group saw a significant volume increase of 109%, trading 1,541,197 shares on a recent Tuesday.
• BNP Paribas upgraded the stock from a "hold" rating to a "strong-buy" rating, with an average rating of "Strong Buy" from two investment analysts.
• The company recently announced a dividend of $0.124 per share, resulting in a dividend yield of 107.0%, with payments scheduled for October 2nd.

Shares of London Stock Exchange Group plc - Unsponsored ADR (OTCMKTS:LNSTY - Get Free Report) saw strong trading volume on Tuesday . 1,541,197 shares traded hands during mid-day trading, an increase of 109% from the previous session's volume of 737,357 shares.The stock last traded at $28.02 and had previously closed at $27.71.

Analyst Ratings Changes

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

London Stock Exchange Group Price Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a 50-day moving average of $32.33 and a 200-day moving average of $35.77.

London Stock Exchange Group Cuts Dividend

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