London Finance & Investment Group (LON:LFI) Shares Down 7% – Here’s What Happened

London Finance & Investment Group P.L.C. (LON:LFIGet Free Report) fell 7% on Wednesday . The stock traded as low as GBX 65.10 ($0.79) and last traded at GBX 65.10 ($0.79). 1,200 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 2,950 shares. The stock had previously closed at GBX 70 ($0.85).

London Finance & Investment Group Trading Down 7.0 %

The firm has a market cap of £20.32 million, a price-to-earnings ratio of 465.00 and a beta of 0.48. The company has a debt-to-equity ratio of 0.39, a current ratio of 47.62 and a quick ratio of 28.52. The business has a 50-day moving average of GBX 61.50 and a 200-day moving average of GBX 55.16.

About London Finance & Investment Group

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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.

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