London Finance & Investment Group (LON:LFI) Trading Down 4.9% – Here’s What Happened

London Finance & Investment Group P.L.C. (LON:LFI) fell 4.9% during trading on Thursday . The stock traded as low as GBX 58 ($0.73) and last traded at GBX 58 ($0.73). 100 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 16,383 shares. The stock had previously closed at GBX 61 ($0.76).

London Finance & Investment Group Trading Down 4.9 %

The business has a 50-day moving average price of GBX 50.81 and a two-hundred day moving average price of GBX 52.62. The company has a quick ratio of 28.52, a current ratio of 47.62 and a debt-to-equity ratio of 0.39. The company has a market cap of £18.10 million, a P/E ratio of 414.29 and a beta of 0.48.

London Finance & Investment Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Thursday, December 5th will be issued a GBX 0.60 ($0.01) dividend. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, December 5th. London Finance & Investment Group’s dividend payout ratio (DPR) is presently 714.29%.

About London Finance & Investment Group

London Finance & Investment Group P.L.C., together with its subsidiaries, operates as an investment finance and management company. It primarily invests in smaller U.K. quoted companies, which are balanced by a general portfolio that consists of investments in U.S., U.K. and European equities. The general portfolio includes interest in food and beverage, oil, natural resources, chemicals, and tobacco sectors.