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Legal & General Group (OTCMKTS:LGGNY) Stock Passes Below Fifty Day Moving Average - Here's Why

Legal & General Group logo with Finance background

Shares of Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.77 and traded as low as $14.40. Legal & General Group shares last traded at $14.49, with a volume of 70,833 shares.

Analyst Ratings Changes

LGGNY has been the subject of a number of research reports. The Goldman Sachs Group upgraded Legal & General Group to a "strong sell" rating in a report on Wednesday, September 18th. Barclays raised Legal & General Group to a "strong-buy" rating in a report on Wednesday, July 31st.

View Our Latest Analysis on LGGNY

Legal & General Group Trading Down 1.5 %

The stock's fifty day moving average price is $14.76 and its 200-day moving average price is $15.01.

Legal & General Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Friday, August 23rd were paid a $0.3567 dividend. The ex-dividend date of this dividend was Friday, August 23rd.

About Legal & General Group

(Get Free Report)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.

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