London Finance & Investment Group (LON:LFI) Shares Down 7% – Here’s What Happened

London Finance & Investment Group P.L.C. (LON:LFIGet Free Report) was down 7% on Wednesday . The company traded as low as GBX 65.10 ($0.80) and last traded at GBX 65.10 ($0.80). Approximately 1,200 shares changed hands during trading, a decline of 59% from the average daily volume of 2,950 shares. The stock had previously closed at GBX 70 ($0.86).

London Finance & Investment Group Stock Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 28.52 and a current ratio of 47.62. The firm has a 50 day moving average price of GBX 61.17 and a two-hundred day moving average price of GBX 55.09. The company has a market capitalization of £20.32 million, a P/E ratio of 465.00 and a beta of 0.48.

About London Finance & Investment Group

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London Finance & Investment Group P.L.C., together with its subsidiaries, operates as an investment finance and management company. It primarily invests in smaller U.K. quoted companies, which are balanced by a general portfolio that consists of investments in U.S., U.K. and European equities. The general portfolio includes interest in food and beverage, oil, natural resources, chemicals, and tobacco sectors.

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