Insider Buying: Luceco plc (LON:LUCE) Insider Purchases £66,000 in Stock

Luceco plc (LON:LUCE) insider Petrus R. M. Vervaat bought 50,000 shares of Luceco stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average cost of GBX 132 ($1.72) per share, for a total transaction of £66,000 ($85,915.13).

Luceco Trading Down 3.7 %

LUCE opened at GBX 130 ($1.69) on Friday. Luceco plc has a fifty-two week low of GBX 106 ($1.38) and a fifty-two week high of GBX 195 ($2.54). The company has a market cap of £200.50 million, a price-to-earnings ratio of 1,086.08, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51. The firm has a 50 day simple moving average of GBX 149.54 and a 200 day simple moving average of GBX 160.99.

Luceco Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 19th were paid a GBX 1.70 ($0.02) dividend. This represents a dividend yield of 1.11%. The ex-dividend date of this dividend was Thursday, September 19th. Luceco’s dividend payout ratio (DPR) is currently 4,166.67%.

About Luceco

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.