Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 86,200 shares, a drop of 63.2% from the January 15th total of 234,400 shares. Based on an average daily trading volume, of 86,400 shares, the short-interest ratio is presently 1.0 days.
Legal & General Group Price Performance
Shares of OTCMKTS LGGNY traded up $0.01 during midday trading on Friday, reaching $15.53. The company's stock had a trading volume of 23,762 shares, compared to its average volume of 59,271. The stock has a 50 day simple moving average of $14.70 and a 200-day simple moving average of $14.63. Legal & General Group has a fifty-two week low of $13.51 and a fifty-two week high of $16.74.
Analyst Ratings Changes
A number of research firms have issued reports on LGGNY. UBS Group upgraded shares of Legal & General Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 5th. The Goldman Sachs Group upgraded shares of Legal & General Group from a "strong sell" rating to a "strong-buy" rating in a research report on Thursday, December 5th.
Read Our Latest Research Report on LGGNY
Legal & General Group Company Profile
(
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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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