Legal & General Group (OTCMKTS:LGGNY) Sets New 1-Year High – Here’s What Happened

Legal & General Group PLC (OTCMKTS:LGGNY)’s stock price hit a new 52-week high on Thursday . The company traded as high as $19.65 and last traded at $19.65, with a volume of 11256 shares traded. The stock had previously closed at $19.30.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on LGGNY. Zacks Research raised shares of Legal & General Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Jefferies Financial Group downgraded shares of Legal & General Group from a “hold” rating to a “moderate sell” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Legal & General Group Price Performance

The company has a debt-to-equity ratio of 2.12, a quick ratio of 3.18 and a current ratio of 3.18. The firm has a 50 day moving average price of $18.25 and a two-hundred day moving average price of $17.79.

About Legal & General Group

Legal & General Group is a London‑headquartered multinational financial services company with roots dating back to the 19th century. The firm provides a range of life insurance, retirement and protection products alongside savings and workplace pension solutions. Over its history it has expanded beyond traditional insurance into asset management and long‑term investment activities aimed at serving both individual and institutional clients.

Core operations include life assurance, annuities and pension de‑risking for corporate clients, together with retail and workplace pension provision.