Lok’n Store Group Plc (LON:LOK) Insider Neil Newman Sells 2,043 Shares

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Lok’n Store Group Plc (LON:LOK) insider Neil Newman sold 2,043 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of GBX 670 ($8.75), for a total value of £13,688.10 ($17,885.93).

Shares of LON LOK opened at GBX 644 ($8.42) on Monday. The company has a quick ratio of 3.34, a current ratio of 3.47 and a debt-to-equity ratio of 36.13. The business has a fifty day simple moving average of GBX 590.07 and a two-hundred day simple moving average of GBX 536.40. The firm has a market cap of $190.54 million and a PE ratio of 34.07. Lok’n Store Group Plc has a twelve month low of GBX 385.75 ($5.04) and a twelve month high of GBX 690 ($9.02).

The company also recently announced a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 8.33 ($0.11) per share. The ex-dividend date of this dividend is Thursday, November 28th. This is a positive change from Lok’n Store Group’s previous dividend of $3.67. This represents a yield of 1.44%. Lok’n Store Group’s payout ratio is 0.63%.

Separately, FinnCap reissued a “corporate” rating and set a GBX 697 ($9.11) price target (up from GBX 617 ($8.06)) on shares of Lok’n Store Group in a research note on Monday, November 4th.

Lok’n Store Group Company Profile

Lok'nStore Group Plc provides self-storage, and serviced archive and records management services to household and business customers in the United Kingdom. The company operates a packaging shop in each of its storage centers that sells storage related goods, such as boxes, tapes, and bubblewraps, as well as provides insurance services.

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