Legal & General Group (OTCMKTS:LGGNY) Stock Price Crosses Below 50-Day Moving Average of $14.72

Legal & General Group Plc (OTCMKTS:LGGNY)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $14.72 and traded as low as $14.47. Legal & General Group shares last traded at $14.48, with a volume of 54,928 shares changing hands.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Legal & General Group to a “strong-buy” rating in a research report on Wednesday, July 31st.

Legal & General Group Stock Performance

The stock has a 50-day moving average of $14.72 and a 200 day moving average of $15.37. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 1.28.

Legal & General Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 4th. Shareholders of record on Friday, August 23rd will be paid a $0.3567 dividend. The ex-dividend date of this dividend is Friday, August 23rd.

Legal & General Group Company Profile

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.