Luceco (LON:LUCE) Announces Earnings Results

Luceco (LON:LUCE) posted its 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

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

Luceco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be issued a GBX 3.30 ($0.04) dividend. This is an increase from Luceco’s previous dividend of $1.70. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 2.21%. Luceco’s dividend payout ratio (DPR) is presently 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.