Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 136,589 shares, an increase of 132.4% from the May 14th total of 58,770 shares. Based on an average daily trading volume, of 115,740 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the company’s shares are sold short.
Legal & General Group Stock Performance
OTCMKTS:LGGNY opened at $19.00 on Friday. Legal & General Group has a fifty-two week low of $15.25 and a fifty-two week high of $19.08. The company has a current ratio of 3.18, a quick ratio of 3.18 and a debt-to-equity ratio of 2.12. The business’s 50-day simple moving average is $17.76 and its 200-day simple moving average is $17.49.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Jefferies Financial Group cut Legal & General Group from a “hold” rating to a “moderate sell” rating in a report on Monday, May 4th. Zacks Research upgraded Legal & General Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Three investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.
Legal & General Group Company Profile
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.
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