Luceco (LUCE) Rating Reiterated by Numis Securities

Numis Securities reaffirmed their buy rating on shares of Luceco (LON:LUCE) in a report published on Friday morning, LSE.Co.UK reports. They currently have a GBX 125 ($1.63) price objective on the stock.

Shares of Luceco stock opened at GBX 120.40 ($1.57) on Friday. The company has a debt-to-equity ratio of 88.35, a quick ratio of 0.72 and a current ratio of 1.29. The company has a market capitalization of $189.09 million and a price-to-earnings ratio of 133.78. Luceco has a one year low of GBX 32.10 ($0.42) and a one year high of GBX 95.50 ($1.25).

The business also recently declared a dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 2nd will be paid a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a yield of 0.77%. Luceco’s dividend payout ratio (DPR) is currently 1.11%.

Luceco Company Profile

Luceco plc manufactures and distributes various light emitting diode (LED) lighting products and wiring accessories in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It operates through four segments: Wiring Accessories, Portable Power, LED Lighting, and Ross and Other.

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