London Finance & Investment Group (LON:LFI) Shares Up 7.9% – Here’s Why

London Finance & Investment Group P.L.C. (LON:LFI)’s stock price was up 7.9% during trading on Wednesday . The stock traded as high as GBX 75 ($0.97) and last traded at GBX 75 ($0.97). Approximately 3 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 11,430 shares. The stock had previously closed at GBX 69.50 ($0.90).

London Finance & Investment Group Trading Up 7.9 %

The stock has a market cap of £23.41 million, a P/E ratio of 535.71 and a beta of 0.48. The business’s 50 day moving average price is GBX 67.13 and its two-hundred day moving average price is GBX 59.81.

London Finance & Investment Group (LON:LFI) last posted its earnings results on Tuesday, January 28th. The company reported GBX 0.50 ($0.01) earnings per share for the quarter. London Finance & Investment Group had a return on equity of 19.12% and a net margin of 90.10%.

London Finance & Investment Group Company Profile

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.