Lowland (LON:LWI) Hits New 52-Week High at $135.00

Lowland (LON:LWI) shares hit a new 52-week high on Thursday . The company traded as high as GBX 135 ($1.74) and last traded at GBX 131.50 ($1.69), with a volume of 613249 shares. The stock had previously closed at GBX 132 ($1.70).

Lowland Price Performance

The firm has a fifty day moving average of GBX 128.01 and a two-hundred day moving average of GBX 121.85. The company has a current ratio of 0.30, a quick ratio of 0.24 and a debt-to-equity ratio of 13.63. The company has a market capitalization of £355.30 million, a PE ratio of 660.00 and a beta of 1.11.

Lowland Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Thursday, June 27th were issued a GBX 1.60 ($0.02) dividend. This represents a yield of 1.25%. The ex-dividend date of this dividend was Thursday, June 27th. Lowland’s dividend payout ratio (DPR) is presently 3,000.00%.

Insiders Place Their Bets

In related news, insider Robert Robertson purchased 50,000 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was bought at an average cost of GBX 130 ($1.67) per share, with a total value of £65,000 ($83,612.04). Company insiders own 11.77% of the company’s stock.

Lowland Company Profile

Lowland Investment Company plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.