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

Key Points

• The London Stock Exchange Group (OTCMKTS:LNSTY) experienced a significant trading volume increase of 151%, with 1,933,733 shares traded, rising from 771,257 shares in the previous session.
• According to recent broker reports, the company's stock has received a consensus rating of "Strong Buy" from analysts, with BNP Paribas upgrading it from "hold" to "strong-buy."
• London Stock Exchange Group will pay a dividend of $0.124 on October 2, with an accompanying yield of 107.0% for investors of record on August 18.

London Stock Exchange Group plc - Unsponsored ADR (OTCMKTS:LNSTY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 1,933,733 shares changed hands during trading, an increase of 151% from the previous session's volume of 771,257 shares.The stock last traded at $28.85 and had previously closed at $28.37.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LNSTY. BNP Paribas raised London Stock Exchange Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 1st. Citigroup reaffirmed a "buy" rating on shares of London Stock Exchange Group in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Strong Buy".

London Stock Exchange Group Stock Up 2.1%

The business has a fifty day moving average of $31.48 and a 200 day moving average of $35.49. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32.

London Stock Exchange Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, October 2nd. Investors of record on Monday, August 18th will be issued 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.

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