Lowland Investment (LON:LWI) Share Price Crosses Above 50 Day Moving Average of $118.19

Shares of Lowland Investment Company plc (LON:LWI) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 118.19 ($1.48) and traded as high as GBX 125 ($1.57). Lowland Investment shares last traded at GBX 123.50 ($1.55), with a volume of 317,340 shares.

Lowland Investment Price Performance

The firm has a market capitalization of £335.04 million, a PE ratio of -4,133.33 and a beta of 1.08. The company has a current ratio of 0.28, a quick ratio of 0.24 and a debt-to-equity ratio of 16.40. The company has a fifty day moving average price of GBX 118.38 and a two-hundred day moving average price of GBX 116.23.

Lowland Investment Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, April 11th were paid a GBX 1.60 ($0.02) dividend. This represents a yield of 1.33%. The ex-dividend date of this dividend was Thursday, April 11th. Lowland Investment’s dividend payout ratio is currently -20,000.00%.

Insider Activity

In other Lowland Investment news, insider Tom Walker acquired 40,000 shares of the stock in a transaction on Friday, March 1st. The shares were bought at an average cost of GBX 114 ($1.43) per share, with a total value of £45,600 ($57,279.24). In other news, insider Mark Lam purchased 10,000 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were acquired at an average cost of GBX 114 ($1.43) per share, for a total transaction of £11,400 ($14,319.81). Also, insider Tom Walker acquired 40,000 shares of Lowland Investment stock in a transaction that occurred on Friday, March 1st. The stock was purchased at an average price of GBX 114 ($1.43) per share, with a total value of £45,600 ($57,279.24). Corporate insiders own 11.92% of the company’s stock.

About Lowland Investment

Lowland Investment Company plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.