Luceco (LON:LUCE) Stock Price Up 3.5% - What's Next?

Luceco plc (LON:LUCE - Get Free Report)'s share price rose 3.5% during mid-day trading on Friday . The stock traded as high as GBX 149.80 ($2.01) and last traded at GBX 149.80 ($2.01). Approximately 96,273 shares were traded during trading, a decline of 54% from the average daily volume of 211,206 shares. The stock had previously closed at GBX 144.80 ($1.95).

Luceco Trading Up 3.5%

The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.51 and a current ratio of 2.18. The firm's fifty day simple moving average is GBX 141.55 and its 200-day simple moving average is GBX 137.53. The stock has a market cap of £240.84 million, a P/E ratio of 12.62, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29.

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

Luceco Increases Dividend

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

About Luceco

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.

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