Luxfer Holdings PLC (NYSE:LXFR - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.99 and traded as high as $14.01. Luxfer shares last traded at $13.71, with a volume of 112,481 shares changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen cut shares of Luxfer from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 2nd.
Check Out Our Latest Stock Report on LXFR
Luxfer Stock Down 1.4%
The company has a current ratio of 1.65, a quick ratio of 0.83 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $366.91 million, a price-to-earnings ratio of 15.23, a PEG ratio of 1.87 and a beta of 1.10. The firm's 50 day simple moving average is $13.06 and its 200-day simple moving average is $11.99.
Luxfer Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Friday, July 18th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, July 18th. Luxfer's payout ratio is currently 57.78%.
Hedge Funds Weigh In On Luxfer
Institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Luxfer in the 2nd quarter valued at $29,000. New York State Teachers Retirement System acquired a new position in Luxfer in the 1st quarter valued at $29,000. Quantbot Technologies LP acquired a new position in Luxfer in the 1st quarter valued at $56,000. CWM LLC increased its stake in Luxfer by 79.6% in the 2nd quarter. CWM LLC now owns 6,920 shares of the industrial products company's stock valued at $84,000 after buying an additional 3,068 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in Luxfer in the 1st quarter valued at $124,000. 90.82% of the stock is owned by institutional investors and hedge funds.
About Luxfer
(
Get Free Report)
Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.
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