Luxfer (NYSE:LXFR) Shares Cross Above 200-Day Moving Average – Time to Sell?

Luxfer Holdings PLC (NYSE:LXFR) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.97 and traded as high as $14.84. Luxfer shares last traded at $14.21, with a volume of 78,942 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Luxfer from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 22nd.

Luxfer Stock Down 0.3 %

The stock has a market cap of $389.43 million, a P/E ratio of 44.07, a price-to-earnings-growth ratio of 1.83 and a beta of 0.88. The company’s fifty day moving average price is $13.62 and its 200-day moving average price is $13.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17.

Luxfer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Friday, January 17th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend was Monday, January 27th. Luxfer’s dividend payout ratio (DPR) is 157.58%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. R Squared Ltd acquired a new stake in Luxfer during the 4th quarter valued at approximately $42,000. Globeflex Capital L P acquired a new position in shares of Luxfer during the 4th quarter valued at about $101,000. SG Americas Securities LLC acquired a new position in shares of Luxfer during the 3rd quarter valued at about $130,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Luxfer during the 4th quarter valued at about $137,000. Finally, Price T Rowe Associates Inc. MD acquired a new position in Luxfer in the fourth quarter valued at about $137,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Luxfer Company Profile

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.