Luceco plc (LON:LUCE) Insider Purchases £66,000 in Stock

Luceco plc (LON:LUCE) insider Petrus R. M. Vervaat acquired 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was bought at an average cost of GBX 132 ($1.72) per share, with a total value of £66,000 ($85,915.13).

Luceco Stock Performance

Shares of Luceco stock traded down GBX 0.20 ($0.00) during midday trading on Wednesday, hitting GBX 132.60 ($1.73). The company had a trading volume of 150,096 shares, compared to its average volume of 278,028. The stock has a market cap of £204.51 million, a price-to-earnings ratio of 1,118.33, a PEG ratio of 0.62 and a beta of 1.29. The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 55.91. The company has a fifty day simple moving average of GBX 150.81 and a 200 day simple moving average of GBX 161.56. Luceco plc has a 12-month low of GBX 97.37 ($1.27) and a 12-month high of GBX 195 ($2.54).

Luceco Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, September 19th were issued a GBX 1.70 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a yield of 1.11%. Luceco’s dividend payout ratio (DPR) is presently 4,166.67%.

Luceco Company Profile

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.