Luceco (LON:LUCE) Shares Down 3.9% - What's Next?

Key Points

• Luceco plc shares fell 3.9% during trading, reaching a low of GBX 123 ($1.63) while trading volume surged to approximately 907,696 shares, increasing by 359% from the average daily volume.
• The company has a market capitalization of £197.75 million and key financial metrics include a PE ratio of 10.36 and a debt-to-equity ratio of 55.91.
• Luceco manufactures and distributes a range of products including wiring accessories and LED lighting, operating in multiple international markets including the UK, Europe, and the Americas.

Shares of Luceco plc (LON:LUCE - Get Free Report) were down 3.9% during trading on Friday . The company traded as low as GBX 123 ($1.63) and last traded at GBX 123 ($1.63). Approximately 907,696 shares were traded during mid-day trading, an increase of 359% from the average daily volume of 197,899 shares. The stock had previously closed at GBX 128 ($1.70).

Luceco Stock Performance

The stock's fifty day simple moving average is GBX 143.27 and its 200 day simple moving average is GBX 141.05. The company has a market cap of £203.89 million, a price-to-earnings ratio of 10.69, a P/E/G ratio of 0.62 and a beta of 1.29. The company has a current ratio of 2.18, a quick ratio of 1.51 and a debt-to-equity ratio of 55.91.

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.