Luceco plc (LON:LUCE) Insider Petrus R. M. Vervaat Buys 50,000 Shares

Luceco plc (LON:LUCE) insider Petrus R. M. Vervaat purchased 50,000 shares of Luceco stock in a transaction that occurred on Wednesday, November 6th. The shares were bought at an average price of GBX 132 ($1.72) per share, for a total transaction of £66,000 ($85,915.13).

Luceco Stock Down 0.2 %

Shares of LON LUCE opened at GBX 132.60 ($1.73) on Thursday. The firm’s 50-day simple moving average is GBX 150.39 and its 200 day simple moving average is GBX 161.37. The company has a market cap of £204.51 million, a price-to-earnings ratio of 1,105.00, a price-to-earnings-growth 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. 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 company also recently disclosed a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, September 19th were issued a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date was Thursday, September 19th. This represents a yield of 1.11%. Luceco’s dividend payout ratio is currently 4,166.67%.

About Luceco

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.