Lowland (LON:LWI) Stock Crosses Above Fifty Day Moving Average of $127.82

Shares of Lowland (LON:LWI) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 127.82 ($1.63) and traded as high as GBX 132.50 ($1.69). Lowland shares last traded at GBX 131 ($1.67), with a volume of 383,156 shares traded.

Lowland Stock Up 0.4 %

The firm’s 50-day moving average is GBX 127.85 and its two-hundred day moving average is GBX 122.86. The company has a debt-to-equity ratio of 14.21, a quick ratio of 0.24 and a current ratio of 0.19. The stock has a market cap of £353.95 million, a P/E ratio of 1,190.91 and a beta of 1.15.

Lowland Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 31st. Stockholders of record on Thursday, June 27th were paid a dividend of GBX 1.60 ($0.02) per share. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend was Thursday, June 27th. Lowland’s dividend payout ratio (DPR) is presently 5,454.55%.

Insider Activity at Lowland

In other Lowland news, insider Robert Robertson purchased 50,000 shares of the stock in a transaction dated Friday, July 26th. The stock was bought at an average price of GBX 130 ($1.66) per share, for a total transaction of £65,000 ($82,992.85). 3.21% of the stock is owned by company insiders.

About Lowland

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.