Luceco (LON:LUCE) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Luceco plc (LON:LUCEGet Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 140.98 ($1.83) and traded as low as GBX 133.60 ($1.74). Luceco shares last traded at GBX 145 ($1.89), with a volume of 781,187 shares trading hands.

Luceco Trading Up 3.3 %

The company has a 50 day moving average price of GBX 140.98 and a 200 day moving average price of GBX 140.73. The firm has a market cap of £233.12 million, a price-to-earnings ratio of 12.22, 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.

About Luceco

(Get Free Report)

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.

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