London Finance & Investment Group (LON:LFI) Stock Price Down 15.3%

London Finance & Investment Group P.L.C. (LON:LFI)’s stock price fell 15.3% on Thursday . The stock traded as low as GBX 43.62 ($0.58) and last traded at GBX 43.62 ($0.58). 44,000 shares changed hands during trading, an increase of 185% from the average session volume of 15,428 shares. The stock had previously closed at GBX 51.50 ($0.69).

London Finance & Investment Group Stock Performance

The company has a fifty day moving average price of GBX 54.70 and a two-hundred day moving average price of GBX 52.53. The company has a market capitalization of £13.61 million, a P/E ratio of 367.86 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.

London Finance & Investment Group Dividend Announcement

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

About London Finance & Investment Group

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.