Luxfer (NYSE:LXFR) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Luxfer Holdings PLC (NYSE:LXFR) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.52 and traded as high as $15.89. Luxfer shares last traded at $15.6450, with a volume of 149,856 shares traded.

Luxfer Price Performance

The firm has a market cap of $417.10 million, a P/E ratio of 29.45, a PEG ratio of 1.82 and a beta of 1.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.66 and a quick ratio of 0.71. The company’s 50-day moving average is $14.61 and its two-hundred day moving average is $13.55.

Luxfer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Friday, January 23rd were paid a $0.13 dividend. The ex-dividend date was Friday, January 23rd. This represents a $0.52 annualized dividend and a dividend yield of 3.3%. Luxfer’s dividend payout ratio (DPR) is presently 98.11%.

Institutional Trading of Luxfer

Several large investors have recently bought and sold shares of LXFR. Royce & Associates LP raised its stake in Luxfer by 1.5% during the fourth quarter. Royce & Associates LP now owns 1,802,435 shares of the industrial products company’s stock worth $24,387,000 after acquiring an additional 26,046 shares in the last quarter. Artisan Partners Limited Partnership increased its position in Luxfer by 2.3% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,700,550 shares of the industrial products company’s stock worth $23,008,000 after purchasing an additional 38,108 shares in the last quarter. American Century Companies Inc. lifted its stake in Luxfer by 12.8% in the 3rd quarter. American Century Companies Inc. now owns 1,589,528 shares of the industrial products company’s stock valued at $22,094,000 after purchasing an additional 180,199 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Luxfer by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 918,676 shares of the industrial products company’s stock valued at $12,430,000 after buying an additional 26,894 shares in the last quarter. Finally, Earnest Partners LLC grew its stake in shares of Luxfer by 24.9% during the fourth quarter. Earnest Partners LLC now owns 837,433 shares of the industrial products company’s stock worth $11,330,000 after buying an additional 167,023 shares during the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.

About Luxfer

Luxfer Gas Cylinders, trading as Luxfer (NYSE: LXFR), is a global manufacturer specializing in high-performance, lightweight gas cylinders. The company produces both aluminium and composite cylinders designed to store and transport high-pressure gases for industrial, medical, diving, firefighting and defense applications. Its portfolio includes seamless aluminium cylinders, wrapped composite cylinders and pressure vessel components tailored to meet stringent safety and performance standards.

Founded on more than a century of materials expertise originating from the Luxfer Graphic Magnesium Company established in 1898, Luxfer has evolved into a leader in cylinder innovation.