LSL Property Services (LON:LSL) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of LSL Property Services plc (LON:LSL) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 278.96 ($3.74) and traded as high as GBX 288 ($3.86). LSL Property Services shares last traded at GBX 285.02 ($3.82), with a volume of 13,572 shares.

LSL Property Services Price Performance

The firm has a market capitalization of £295.57 million, a PE ratio of 27.76, a PEG ratio of 1.49 and a beta of 1.09. The company has a debt-to-equity ratio of 62.42, a current ratio of 1.30 and a quick ratio of 1.06. The firm has a 50-day simple moving average of GBX 274.33 and a 200-day simple moving average of GBX 278.96.

LSL Property Services (LON:LSL) last released its earnings results on Wednesday, March 26th. The company reported GBX 21.10 ($0.28) earnings per share for the quarter. LSL Property Services had a return on equity of 13.68% and a net margin of 6.74%. As a group, equities analysts forecast that LSL Property Services plc will post 24.137931 earnings per share for the current year.

LSL Property Services Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 8th will be paid a GBX 7.40 ($0.10) dividend. This represents a yield of 2.79%. This is an increase from LSL Property Services’s previous dividend of $4.00. The ex-dividend date of this dividend is Thursday, May 8th. LSL Property Services’s dividend payout ratio is presently 106.30%.

Insider Transactions at LSL Property Services

In other news, insider Adam Castleton bought 14,195 shares of LSL Property Services stock in a transaction dated Tuesday, April 1st. The shares were acquired at an average price of GBX 272 ($3.64) per share, with a total value of £38,610.40 ($51,708.05). Also, insider Adrian Collins acquired 20,000 shares of the firm’s stock in a transaction on Thursday, March 27th. The stock was purchased at an average cost of GBX 276 ($3.70) per share, with a total value of £55,200 ($73,925.27). Over the last quarter, insiders have purchased 34,254 shares of company stock valued at $9,396,085. 15.29% of the stock is currently owned by corporate insiders.

About LSL Property Services

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.