Free Trial

Luxfer (NYSE:LXFR) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Luxfer logo with Industrials background

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.21 and traded as low as $12.12. Luxfer shares last traded at $12.19, with a volume of 132,540 shares trading hands.

Luxfer Stock Up 1.2%

The firm has a market cap of $345.40 million, a P/E ratio of 16.26, a P/E/G ratio of 1.76 and a beta of 1.10. The firm's fifty day moving average is $11.65 and its 200 day moving average is $12.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.03 and a current ratio of 2.02.

Luxfer Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Thursday, April 17th. Luxfer's dividend payout ratio is presently 66.67%.

Insider Buying and Selling

In related news, insider Graham Wardlow sold 7,962 shares of Luxfer stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $11.33, for a total transaction of $90,209.46. Following the completion of the sale, the insider directly owned 25,847 shares of the company's stock, valued at approximately $292,846.51. This trade represents a 23.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Stephen Webster sold 4,244 shares of the company's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $11.83, for a total value of $50,206.52. Following the completion of the transaction, the chief financial officer directly owned 26,662 shares in the company, valued at approximately $315,411.46. This represents a 13.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,987 shares of company stock valued at $418,168 in the last ninety days. 1.24% of the stock is currently owned by company insiders.

Institutional Trading of Luxfer

Several hedge funds and other institutional investors have recently bought and sold shares of LXFR. Strs Ohio acquired a new position in shares of Luxfer during the 1st quarter worth approximately $504,000. Jane Street Group LLC grew its position in Luxfer by 115.0% during the first quarter. Jane Street Group LLC now owns 46,689 shares of the industrial products company's stock worth $554,000 after buying an additional 24,969 shares in the last quarter. Dynamic Technology Lab Private Ltd increased its stake in Luxfer by 213.1% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 32,854 shares of the industrial products company's stock worth $390,000 after acquiring an additional 22,360 shares during the period. AQR Capital Management LLC raised its holdings in Luxfer by 1.9% in the 1st quarter. AQR Capital Management LLC now owns 257,371 shares of the industrial products company's stock valued at $3,052,000 after acquiring an additional 4,772 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in Luxfer in the 1st quarter valued at $124,000. Institutional investors and hedge funds own 90.82% of the company's stock.

Luxfer Company Profile

(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.

Further Reading

Should You Invest $1,000 in Luxfer Right Now?

Before you consider Luxfer, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Luxfer wasn't on the list.

While Luxfer currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines