London Finance & Investment Group (LON:LFI) Shares Down 4.9% – Time to Sell?

London Finance & Investment Group P.L.C. (LON:LFI)’s stock price dropped 4.9% during mid-day trading on Thursday . The company traded as low as GBX 58 ($0.73) and last traded at GBX 58 ($0.73). Approximately 100 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 16,383 shares. The stock had previously closed at GBX 61 ($0.77).

London Finance & Investment Group Stock Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 28.52 and a current ratio of 47.62. The company has a market cap of £18.10 million, a P/E ratio of 414.29 and a beta of 0.48. The firm has a 50 day moving average price of GBX 50.53 and a 200-day moving average price of GBX 52.56.

London Finance & Investment Group Dividend Announcement

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

London Finance & Investment Group Company Profile

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.