Luceco (LON:LUCE) Releases Quarterly Earnings Results

Luceco (LON:LUCE) announced its earnings results on Wednesday. The company reported GBX 12.50 ($0.16) EPS for the quarter, Digital Look Earnings reports. Luceco had a return on equity of 19.86% and a net margin of 8.41%.

Luceco Trading Down 1.1 %

Shares of LUCE traded down GBX 1.54 ($0.02) during midday trading on Friday, hitting GBX 135.46 ($1.75). The stock had a trading volume of 282,354 shares, compared to its average volume of 235,454. The stock’s 50 day moving average is GBX 144.48 and its 200 day moving average is GBX 140.23. The firm has a market cap of £217.78 million, a PE ratio of 11.41, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51. Luceco has a 1 year low of GBX 108.26 ($1.40) and a 1 year high of GBX 195 ($2.52).

Luceco Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 3.30 ($0.04) per share. This represents a yield of 2.21%. This is a positive change from Luceco’s previous dividend of $1.70. The ex-dividend date of this dividend is Thursday, April 10th. Luceco’s payout ratio 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.