Luceco (LON:LUCE) Stock Price Passes Below 50 Day Moving Average - What's Next?

Luceco plc (LON:LUCE - Get Free Report)'s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 136.81 ($1.81) and traded as low as GBX 127 ($1.68). Luceco shares last traded at GBX 128.40 ($1.70), with a volume of 46,701 shares.

Luceco Stock Performance

The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51. The stock has a market capitalization of £207.40 million, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The company has a 50 day simple moving average of GBX 135.30 and a 200-day simple moving average of GBX 136.24.

Luceco (LON:LUCE - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The company reported GBX 12.50 ($0.17) EPS for the quarter. Luceco had a net margin of 8.41% and a return on equity of 19.86%. On average, equities analysts forecast that Luceco plc will post 12.5907591 EPS for the current year.

Luceco Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be paid a dividend of GBX 3.30 ($0.04) per share. This represents a dividend yield of 2.21%. This is a positive change from Luceco's previous dividend of $1.70. The ex-dividend date is Thursday, April 10th. Luceco's payout ratio is presently 42.13%.

Luceco Company Profile

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.