London Stock Exchange Group (LON:LSEG) Trading 0.6% Higher – Here’s What Happened

London Stock Exchange Group plc (LON:LSEG) shot up 0.6% on Wednesday . The company traded as high as £103.70 ($135.41) and last traded at £103.20 ($134.76). 1,260,505 shares were traded during mid-day trading, a decline of 28% from the average session volume of 1,744,443 shares. The stock had previously closed at £102.55 ($133.91).

London Stock Exchange Group Price Performance

The firm has a fifty day moving average of £101.85 and a 200 day moving average of GBX 9,615.16. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 43.66. The company has a market capitalization of £54.71 billion, a P/E ratio of 7,478.26, a P/E/G ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, September 18th. Investors of record on Thursday, August 15th were issued a GBX 41 ($0.54) dividend. This represents a dividend yield of 0.43%. The ex-dividend date was Thursday, August 15th. London Stock Exchange Group’s payout ratio is 8,695.65%.

Insider Transactions at London Stock Exchange Group

In related news, insider Martin Brand sold 21,126 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of £128.09 ($167.26), for a total value of £2,706,029.34 ($3,533,597.99). 5.64% of the stock is currently owned by company insiders.

London Stock Exchange Group Company Profile

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.