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London Stock Exchange Group (OTCMKTS:LNSTY) Sees Strong Trading Volume - Time to Buy?

London Stock Exchange Group logo with Finance background

Key Points

  • Trading Activity: The London Stock Exchange Group saw a significant increase in trading volume, with 2,093,847 shares traded, a 159% rise from the previous session.
  • Analyst Ratings: Analysts have positive outlooks on the stock, with Citigroup maintaining a "buy" rating and BNP Paribas upgrading it to a "strong-buy," resulting in an average rating of "Strong Buy."
  • Dividend Update: The company recently cut its dividend, announcing a yield of 107.0% with a payout of $0.124 per share on October 2nd.
  • Interested in London Stock Exchange Group? Here are five stocks we like better.

London Stock Exchange Group plc - Unsponsored ADR (OTCMKTS:LNSTY - Get Free Report) saw an uptick in trading volume on Tuesday . 2,093,847 shares were traded during mid-day trading, an increase of 159% from the previous session's volume of 808,450 shares.The stock last traded at $29.14 and had previously closed at $29.23.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LNSTY. Citigroup restated a "buy" rating on shares of London Stock Exchange Group in a report on Tuesday, September 30th. BNP Paribas upgraded shares of London Stock Exchange Group from a "hold" rating to a "strong-buy" rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Strong Buy".

Read Our Latest Report on London Stock Exchange Group

London Stock Exchange Group Trading Down 0.7%

The stock's 50-day moving average is $30.91 and its 200-day moving average is $35.24.

London Stock Exchange Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 2nd. Investors of record on Monday, August 18th were given a dividend of $0.124 per share. This represents a yield of 107.0%. The ex-dividend date of this dividend was Friday, August 15th.

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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