Lowland (LON:LWI) Shares Cross Above 50-Day Moving Average of $129.70

Shares of Lowland (LON:LWI) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 129.70 ($1.74) and traded as high as GBX 130 ($1.74). Lowland shares last traded at GBX 127.50 ($1.71), with a volume of 137,822 shares trading hands.

Lowland Price Performance

The company has a quick ratio of 0.24, a current ratio of 0.19 and a debt-to-equity ratio of 14.21. The stock’s 50 day moving average price is GBX 129.68 and its two-hundred day moving average price is GBX 126.15. The stock has a market cap of £345.84 million, a price-to-earnings ratio of 1,163.64 and a beta of 1.15.

Lowland Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, September 26th will be issued a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a dividend yield of 1.25%. Lowland’s dividend payout ratio (DPR) is presently 5,454.55%.

Insider Transactions at Lowland

In related news, insider Robert Robertson acquired 50,000 shares of the stock in a transaction on Friday, July 26th. The shares were acquired at an average price of GBX 130 ($1.74) per share, for a total transaction of £65,000 ($87,038.03). Company 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.