Luceco (LON:LUCE) Trading Down 2.9%

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Luceco PLC (LON:LUCE) fell 2.9% during mid-day trading on Tuesday . The company traded as low as GBX 72.70 ($0.95) and last traded at GBX 73.80 ($0.96), 259,109 shares were traded during mid-day trading. A decline of 66% from the average session volume of 755,210 shares. The stock had previously closed at GBX 76 ($0.99).

A number of brokerages have issued reports on LUCE. Peel Hunt reiterated an “add” rating on shares of Luceco in a report on Tuesday, July 30th. Numis Securities reiterated a “buy” rating and issued a GBX 125 ($1.63) price target on shares of Luceco in a report on Friday, May 24th.

The business’s fifty day moving average price is GBX 99.36 and its two-hundred day moving average price is GBX 87.50. The company has a debt-to-equity ratio of 88.35, a quick ratio of 0.72 and a current ratio of 1.29. The stock has a market capitalization of $117.87 million and a P/E ratio of 82.22.

Luceco Company Profile (LON:LUCE)

Luceco plc manufactures and distributes various light emitting diode (LED) lighting products and wiring accessories in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It operates through four segments: Wiring Accessories, Portable Power, LED Lighting, and Ross and Other.

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