London Finance & Investment Group (LON:LFI) Trading Down 5.1% – What’s Next?

London Finance & Investment Group P.L.C. (LON:LFI)’s share price dropped 5.1% on Wednesday . The company traded as low as GBX 65 ($0.82) and last traded at GBX 65 ($0.82). Approximately 30 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 15,202 shares. The stock had previously closed at GBX 68.50 ($0.86).

London Finance & Investment Group Stock Down 5.1 %

The company has a market capitalization of £20.29 million, a price-to-earnings ratio of 464.29 and a beta of 0.48. The company has a debt-to-equity ratio of 0.39, a current ratio of 47.62 and a quick ratio of 28.52. The firm’s fifty day moving average price is GBX 55.83 and its 200-day moving average price is GBX 53.80.

London Finance & Investment Group Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 18th. Shareholders of record on Thursday, December 5th were given a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 1.17%. London Finance & Investment Group’s dividend payout ratio is presently 714.29%.

London Finance & Investment Group Company Profile

London Finance & Investment Group P.L.C., together with its subsidiaries, operates as an investment finance and management company. It primarily invests in smaller U.K. quoted companies, which are balanced by a general portfolio that consists of investments in U.S., U.K. and European equities. The general portfolio includes interest in food and beverage, oil, natural resources, chemicals, and tobacco sectors.