Legal & General Group (OTCMKTS:LGGNY) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Shares of Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.85 and traded as high as $15.07. Legal & General Group shares last traded at $15.07, with a volume of 29,234 shares.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on LGGNY shares. Barclays upgraded Legal & General Group to a "strong-buy" rating in a report on Wednesday, July 31st. The Goldman Sachs Group upgraded Legal & General Group to a "strong sell" rating in a report on Wednesday, September 18th.

Legal & General Group Stock Down 0.1 %

The business has a 50-day moving average of $14.85 and a 200-day moving average of $15.16.

Legal & General Group Cuts Dividend

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

About Legal & General Group

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.