Luceco (LON:LUCE) Shares Down 0.6%

Luceco plc (LON:LUCE – Get Rating)’s share price dropped 0.6% on Tuesday . The company traded as low as GBX 126.19 ($1.56) and last traded at GBX 130 ($1.61). Approximately 206,317 shares traded hands during trading, a decline of 43% from the average daily volume of 359,675 shares. The stock had previously closed at GBX 130.80 ($1.62).

Luceco Stock Performance

The stock has a market cap of £209.04 million and a price-to-earnings ratio of 1,181.82. The company has a debt-to-equity ratio of 79.01, a quick ratio of 1.51 and a current ratio of 2.67. The stock’s 50-day simple moving average is GBX 95.77 and its two-hundred day simple moving average is GBX 93.63.

Insiders Place Their Bets

In related news, insider John Hornby acquired 2,334 shares of the business’s stock in a transaction dated Monday, October 31st. The stock was acquired at an average price of GBX 77 ($0.95) per share, with a total value of £1,797.18 ($2,225.06).

Luceco Company Profile

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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.