Legal & General Group (OTCMKTS:LGGNY) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Legal & General Group Plc (OTCMKTS:LGGNYGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $15.83 and traded as high as $16.78. Legal & General Group shares last traded at $16.76, with a volume of 22,842 shares.

Wall Street Analysts Forecast Growth

Separately, Hsbc Global Res upgraded Legal & General Group to a “hold” rating in a research note on Monday, May 19th.

Check Out Our Latest Report on LGGNY

Legal & General Group Stock Up 0.7%

The stock has a 50 day moving average price of $15.83 and a 200-day moving average price of $15.24.

Legal & General Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, April 25th will be given a dividend of $0.9943 per share. The ex-dividend date is Friday, April 25th. This is an increase from Legal & General Group’s previous dividend of $0.36.

About Legal & General Group

(Get Free Report)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.

Featured Stories

Receive News & Ratings for Legal & General Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group and related companies with MarketBeat.com's FREE daily email newsletter.