London Finance & Investment Group (LON:LFI) Stock Price Up 4.8%

London Finance & Investment Group P.L.C. (LON:LFI) shares were up 4.8% during mid-day trading on Wednesday . The stock traded as high as GBX 55 ($0.68) and last traded at GBX 55 ($0.68). Approximately 112 shares changed hands during trading, a decline of 99% from the average daily volume of 11,528 shares. The stock had previously closed at GBX 52.50 ($0.65).

London Finance & Investment Group Stock Performance

The firm has a fifty day moving average of GBX 51.19 and a 200-day moving average of GBX 42.48. The company has a quick ratio of 28.52, a current ratio of 47.62 and a debt-to-equity ratio of 0.39. The firm has a market cap of £17.17 million, a P/E ratio of 1,833.33 and a beta of 0.45.

London Finance & Investment Group Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were given a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a yield of 1.14%. London Finance & Investment Group’s payout ratio is presently 3,333.33%.

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.