Luxfer (NYSE:LXFR) Stock Price Passes Below 200 Day Moving Average - Here's Why

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.

Luxfer Trading Up 0.2%

The company has a current ratio of 2.02, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20. The stock has a market cap of $332.06 million, a price-to-earnings ratio of 15.63, a P/E/G ratio of 1.69 and a beta of 1.09. The company has a fifty day simple moving average of $11.44 and a 200-day simple moving average of $12.21.

Luxfer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th were given a $0.13 dividend. The ex-dividend date was Thursday, April 17th. This represents a $0.52 annualized dividend and a dividend yield of 4.27%. Luxfer's dividend payout ratio (DPR) is presently 66.67%.

Insider Buying and Selling at Luxfer

In other news, Director Patrick K. Mullen sold 5,463 shares of the company's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.02, for a total value of $54,739.26. Following the transaction, the director owned 35,617 shares in the company, valued at $356,882.34. This represents a 13.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Graham Wardlow sold 7,962 shares of the firm's 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 sale, the insider owned 25,847 shares of the company's stock, valued at approximately $292,846.51. This represents a 23.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 38,987 shares of company stock valued at $418,168 in the last ninety days. Company insiders own 1.17% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LXFR. New York State Teachers Retirement System purchased a new stake in shares of Luxfer during the 1st quarter worth about $29,000. Quantbot Technologies LP bought a new stake in shares of Luxfer in the 1st quarter valued at approximately $56,000. Globeflex Capital L P acquired a new position in Luxfer in the fourth quarter worth approximately $101,000. Price T Rowe Associates Inc. MD bought a new position in Luxfer during the fourth quarter valued at approximately $137,000. Finally, EP Wealth Advisors LLC acquired a new stake in Luxfer in the first quarter valued at approximately $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.

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