Lowland (LON:LWI) Stock Price Crosses Below 50-Day Moving Average of $127.84

Lowland (LON:LWI) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 127.84 ($1.63) and traded as low as GBX 124.99 ($1.60). Lowland shares last traded at GBX 128 ($1.64), with a volume of 98,809 shares traded.

Lowland Price Performance

The firm has a market cap of £345.84 million, a PE ratio of 1,163.64 and a beta of 1.15. The stock has a 50 day simple moving average of GBX 127.81 and a two-hundred day simple moving average of GBX 122.44. The company has a debt-to-equity ratio of 14.21, a quick ratio of 0.24 and a current ratio of 0.19.

Lowland Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Robert Robertson bought 50,000 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was purchased at an average cost of GBX 130 ($1.66) per share, for a total transaction of £65,000 ($83,067.09). Insiders own 3.21% 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.