Petrus R. M. Vervaat Acquires 50,000 Shares of Luceco plc (LON:LUCE) Stock

Luceco plc (LON:LUCE) insider Petrus R. M. Vervaat acquired 50,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were bought at an average price of GBX 132 ($1.72) per share, with a total value of £66,000 ($85,915.13).

Luceco Stock Performance

Shares of LON:LUCE opened at GBX 135 ($1.76) on Friday. Luceco plc has a twelve month low of GBX 105.40 ($1.37) and a twelve month high of GBX 195 ($2.54). The firm has a market cap of £208.21 million, a PE ratio of 1,125.00, 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 quick ratio of 1.51 and a current ratio of 2.18. The business has a fifty day moving average of GBX 149.99 and a 200-day moving average of GBX 161.20.

Luceco Cuts Dividend

The firm also recently announced 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. The ex-dividend date was Thursday, September 19th. This represents a dividend yield of 1.11%. Luceco’s dividend payout ratio (DPR) is presently 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.