London Stock Exchange Group (LON:LSEG) Shares Down 0.3% – Here’s What Happened

Shares of London Stock Exchange Group plc (LON:LSEG) traded down 0.3% during mid-day trading on Thursday . The stock traded as low as £107.70 ($145.03) and last traded at £108.49 ($146.10). 522,866 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 5,380,249 shares. The stock had previously closed at £108.85 ($146.58).

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Royal Bank Of Canada raised their target price on shares of London Stock Exchange Group from £116 ($156.21) to £125 ($168.33) and gave the stock an “outperform” rating in a report on Thursday, February 20th. Canaccord Genuity Group restated a “buy” rating on shares of London Stock Exchange Group in a report on Tuesday, May 6th.

London Stock Exchange Group Stock Down 0.3%

The company’s 50 day moving average price is £113.53 and its two-hundred day moving average price is £114.08. The firm has a market cap of £57.43 billion, a PE ratio of 85.09, a PEG ratio of 1.72 and a beta of 0.41. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 47.39.

Insider Transactions at London Stock Exchange Group

In other news, insider Michel-Alain Proch sold 9,183 shares of the firm’s stock in a transaction on Thursday, April 10th. The shares were sold at an average price of £111.36 ($149.96), for a total transaction of £1,022,618.88 ($1,377,079.02). Also, insider David Schwimmer sold 13,843 shares of the firm’s stock in a transaction on Monday, April 7th. The shares were sold at an average price of £104.44 ($140.64), for a total transaction of £1,445,762.92 ($1,946,893.24). Corporate insiders own 5.64% of the company’s stock.

London Stock Exchange Group Company Profile

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain.

With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world’s financial ecosystem and enable the sustainable growth and stability of our customers and their communities.

Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle.

LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.