Lowland (LON:LWI) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Lowland (LON:LWI) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 128.83 ($1.67) and traded as low as GBX 125.02 ($1.62). Lowland shares last traded at GBX 126 ($1.64), with a volume of 318,189 shares trading hands.

Lowland Stock Up 0.2 %

The firm has a market capitalization of £343.14 million, a price-to-earnings ratio of 1,154.55 and a beta of 1.15. The business has a 50 day moving average of GBX 128.77 and a 200 day moving average of GBX 127.23. The company has a debt-to-equity ratio of 14.21, a current ratio of 0.19 and a quick ratio of 0.24.

Lowland Announces Dividend

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

Insider Transactions at Lowland

In other Lowland news, insider Robert Robertson purchased 50,000 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was purchased at an average price of GBX 130 ($1.69) per share, with a total value of £65,000 ($84,393.66). 3.21% of the stock is owned by insiders.

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.