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Aug 26, 2023

Luceco plc (LON:LUCE) Insider Will Hoy Purchases 778 Shares

Luceco plc (LON:LUCE - Get Rating) insider Will Hoy bought 778 shares of the

Luceco plc (LON:LUCE - Get Rating) insider Will Hoy bought 778 shares of the firm's stock in a transaction on Thursday, May 11th. The shares were acquired at an average cost of GBX 108 ($1.36) per share, with a total value of £840.24 ($1,060.24).

LON LUCE traded up GBX 9.40 ($0.12) on Friday, reaching GBX 116.80 ($1.47). 769,889 shares of the stock traded hands, compared to its average volume of 348,772. Luceco plc has a 12 month low of GBX 63.47 ($0.80) and a 12 month high of GBX 155 ($1.96). The company has a debt-to-equity ratio of 40.02, a quick ratio of 1.51 and a current ratio of 1.99. The company has a fifty day moving average price of GBX 119.47 and a 200-day moving average price of GBX 111.29. The company has a market cap of £187.81 million, a price-to-earnings ratio of 1,534.29, a PEG ratio of 0.62 and a beta of 1.55.

The firm also recently declared a dividend, which will be paid on Friday, May 19th. Shareholders of record on Thursday, April 6th will be issued a GBX 3 ($0.04) dividend. This represents a yield of 2.31%. The ex-dividend date of this dividend is Thursday, April 6th. This is an increase from Luceco's previous dividend of $1.60. Luceco's dividend payout ratio (DPR) is currently 7,142.86%.

Separately, Peel Hunt downgraded shares of Luceco to a "hold" rating in a report on Wednesday, March 22nd.

Luceco plc manufactures and distributes various light emitting diode (LED) lighting products and wiring accessories in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It operates through Wiring Accessories, Portable Power, and LED Lighting segments. The company offers interior lighting products, including panel, downlight, battens, and high bay; and exterior lighting products, such as floodlights, bulkheads, road lanterns, and bollards, as well as retrofit lamps and tubes, industrial lighting, exterior commercial and domestic site inspection, and lighting control products.

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