Luceco (LON:LUCE) Insider Purchases £1,795.98 in Stock

Luceco plc (LON:LUCE) insider Will Hoy purchased 809 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average price of GBX 222 per share, for a total transaction of £1,795.98.

Luceco Stock Performance

LUCE traded up GBX 1.82 during trading hours on Thursday, reaching GBX 239.82. The company’s stock had a trading volume of 1,701,903 shares, compared to its average volume of 674,948. Luceco plc has a 52 week low of GBX 111.60 and a 52 week high of GBX 242. The company’s 50-day moving average is GBX 184.84 and its 200-day moving average is GBX 155.91. The company has a debt-to-equity ratio of 60.83, a quick ratio of 1.51 and a current ratio of 1.90. The firm has a market cap of £352.99 million, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.62 and a beta of 1.25.

Luceco (LON:LUCE) last posted its quarterly earnings results on Wednesday, March 25th. The company reported GBX 15 earnings per share for the quarter. Luceco had a return on equity of 20.71% and a net margin of 7.48%. On average, equities analysts forecast that Luceco plc will post 12.5907591 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on LUCE. Deutsche Bank Aktiengesellschaft increased their target price on Luceco from GBX 220 to GBX 225 and gave the stock a “buy” rating in a report on Thursday, March 26th. Berenberg Bank raised their price objective on Luceco from GBX 175 to GBX 200 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Luceco has a consensus rating of “Buy” and a consensus target price of GBX 205.

Luceco Company Profile

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. The company also provides LED lighting products, such as residential and commercial, interior and exterior, mains and solar, and work and site lighting products under the Luceco, Kingfisher Lighting, and DW Windsor brand names; and portable power products comprising electric vehicle chargers, extension leads, cable reels, and adapters and accessories under the Masterplug, Ross, and Sync EV brands.