Luceco plc (LON:LUCE) Insider John Hornby Sells 3,000,000 Shares

Luceco plc (LON:LUCE - Get Free Report) insider John Hornby sold 3,000,000 shares of the company's stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of GBX 157 ($2.05), for a total value of £4,710,000 ($6,150,430.92).

Luceco Trading Up 2.6 %

Shares of Luceco stock traded up GBX 4.13 ($0.05) during trading hours on Thursday, hitting GBX 164.13 ($2.14). The company's stock had a trading volume of 260,229 shares, compared to its average volume of 264,708. Luceco plc has a 12 month low of GBX 97.37 ($1.27) and a 12 month high of GBX 195 ($2.55). The stock has a 50 day moving average of GBX 153.33 and a 200 day moving average of GBX 162.25. The company has a market capitalization of £253.14 million, a PE ratio of 1,377.66, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51.

Luceco Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 19th will be given a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 1.11%. Luceco's dividend payout ratio is currently 4,166.67%.

Luceco Company Profile

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.