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

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

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.