Legal & General Group (OTCMKTS:LGGNY) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Legal & General Group Plc (OTCMKTS:LGGNYGet Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.85 and traded as high as $15.07. Legal & General Group shares last traded at $15.07, with a volume of 29,234 shares traded.

Analyst Ratings Changes

A number of research firms have commented on LGGNY. The Goldman Sachs Group upgraded shares of Legal & General Group to a “strong sell” rating in a research note on Wednesday, September 18th. Barclays upgraded shares of Legal & General Group to a “strong-buy” rating in a research report on Wednesday, July 31st.

Check Out Our Latest Stock Analysis on Legal & General Group

Legal & General Group Price Performance

The stock’s 50 day simple moving average is $14.85 and its 200 day simple moving average is $15.16.

Legal & General Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, August 23rd were given a dividend of $0.3567 per share. The ex-dividend date was Friday, August 23rd.

Legal & General Group Company Profile

(Get Free Report)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.

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