Shares of London Stock Exchange Group plc - Unsponsored ADR (OTCMKTS:LNSTY - Get Free Report) saw an uptick in trading volume on Wednesday following a dividend announcement from the company. 1,371,056 shares changed hands during mid-day trading, an increase of 143% from the previous session's volume of 563,404 shares.The stock last traded at $31.58 and had previously closed at $32.29.The newly announced dividend which will be paid on Thursday, October 2nd. Stockholders of record on Monday, August 18th will be issued a $0.124 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a dividend yield of 107.0%.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas raised London Stock Exchange Group from a "hold" rating to a "strong-buy" rating in a report on Friday, August 1st.
Read Our Latest Stock Report on LNSTY
London Stock Exchange Group Stock Performance
The business has a fifty day moving average price of $36.08 and a 200 day moving average price of $36.99. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.33.
About London Stock Exchange Group
(
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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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