London Stock Exchange Group (OTCMKTS:LNSTY) Sees Unusually-High Trading Volume - What's Next?

Key Points

• London Stock Exchange Group saw a significant increase in trading volume, with 1,128,812 shares traded, a 76% rise from the previous session.
• BNP Paribas upgraded the stock's rating from "hold" to "strong-buy," contributing to a consensus rating of "Strong Buy" from two analysts.
• The company announced a dividend of $0.124 per share, with an impressive yield of 107.0%, set to be paid on October 2nd.

London Stock Exchange Group plc - Unsponsored ADR (OTCMKTS:LNSTY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 1,128,812 shares traded hands during mid-day trading, an increase of 76% from the previous session's volume of 641,561 shares.The stock last traded at $31.08 and had previously closed at $30.73.

Analysts Set New Price Targets

Separately, BNP Paribas upgraded 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, London Stock Exchange Group presently has a consensus rating of "Strong Buy".

London Stock Exchange Group Stock Up 0.5%

The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.33. The business's fifty day moving average price is $34.00 and its 200-day moving average price is $36.33.

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 $0.124 dividend. 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.