Luxfer (NYSE:LXFR) Stock Price Crosses Above 200 Day Moving Average of $9.10

Luxfer Holdings PLC (NYSE:LXFR) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.10 and traded as high as $11.69. Luxfer shares last traded at $11.34, with a volume of 100,769 shares trading hands.

Luxfer Stock Performance

The business’s fifty day moving average price is $10.31 and its 200-day moving average price is $9.10. The stock has a market cap of $310.87 million, a PE ratio of 21.29, a P/E/G ratio of 2.53 and a beta of 0.86. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.33 and a current ratio of 2.56.

Luxfer (NYSE:LXFR) last issued its earnings results on Tuesday, February 27th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter. Luxfer had a net margin of 0.08% and a return on equity of 6.59%. The company had revenue of $95.90 million for the quarter, compared to analysts’ expectations of $89.70 million. As a group, equities research analysts forecast that Luxfer Holdings PLC will post 0.66 EPS for the current fiscal year.

Luxfer Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 8th. Investors of record on Friday, April 19th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend is Thursday, April 18th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Luxfer in the 3rd quarter worth approximately $159,000. Barclays PLC increased its holdings in Luxfer by 120.0% during the third quarter. Barclays PLC now owns 41,494 shares of the industrial products company’s stock valued at $541,000 after buying an additional 22,635 shares during the last quarter. New York State Common Retirement Fund raised its position in Luxfer by 2.6% in the third quarter. New York State Common Retirement Fund now owns 163,033 shares of the industrial products company’s stock worth $2,128,000 after acquiring an additional 4,076 shares during the period. Heartland Advisors Inc. boosted its stake in shares of Luxfer by 14.3% during the 3rd quarter. Heartland Advisors Inc. now owns 200,000 shares of the industrial products company’s stock worth $2,610,000 after acquiring an additional 25,000 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its position in shares of Luxfer by 22.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 240,648 shares of the industrial products company’s stock valued at $3,140,000 after acquiring an additional 44,569 shares during the period. 90.82% of the stock is owned by hedge funds and other institutional investors.

Luxfer Company Profile

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.