London Security (LON:LSC) Stock Price Down 9.7% - What's Next?

Shares of London Security plc (LON:LSC - Get Free Report) traded down 9.7% on Thursday . The stock traded as low as GBX 3,250 ($40.92) and last traded at GBX 3,250 ($40.92). 310 shares changed hands during mid-day trading, an increase of 67% from the average session volume of 186 shares. The stock had previously closed at GBX 3,600 ($45.32).

London Security Stock Performance

The firm's 50-day moving average price is GBX 3,714.56 and its 200-day moving average price is GBX 3,563.94. The company has a debt-to-equity ratio of 4.75, a current ratio of 2.55 and a quick ratio of 2.08. The stock has a market cap of £398.45 million, a P/E ratio of 1,737.97 and a beta of 0.33.

London Security Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 31st will be paid a dividend of GBX 80 ($1.01) per share. This represents a yield of 2.11%. This is a boost from London Security's previous dividend of $42.00. The ex-dividend date is Thursday, October 31st. London Security's dividend payout ratio (DPR) is presently 6,631.02%.

London Security Company Profile

London Security plc, an investment holding company, manufactures, sells, and rents fire protection equipment in the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark, and Luxembourg. It also provides intruder alarms products, as well as fire protection equipment maintenance services.