Luceco (LON:LUCE) Releases Earnings Results

Luceco (LON:LUCE) posted its quarterly earnings results on Wednesday. The company reported GBX 12.50 ($0.16) earnings per share for the quarter, Digital Look Earnings reports. Luceco had a return on equity of 19.86% and a net margin of 8.41%.

Luceco Stock Performance

Shares of LON LUCE traded down GBX 2 ($0.03) during trading on Friday, reaching GBX 135 ($1.75). 224,533 shares of the company traded hands, compared to its average volume of 234,521. The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 55.91. The firm has a 50 day simple moving average of GBX 144.48 and a 200-day simple moving average of GBX 140.23. Luceco has a 52-week low of GBX 108.26 ($1.40) and a 52-week high of GBX 195 ($2.52). The stock has a market capitalization of £217.04 million, a PE ratio of 11.38, a P/E/G ratio of 0.62 and a beta of 1.29.

Luceco Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 2.21%. This is a boost from Luceco’s previous dividend of $1.70. Luceco’s dividend payout ratio is currently 42.13%.

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.