London Stock Exchange Group (LON:LSEG) Hits New 12-Month High – Here’s Why

London Stock Exchange Group plc (LON:LSEG)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as £120.20 ($148.97) and last traded at £120.05 ($148.78), with a volume of 3015406 shares trading hands. The stock had previously closed at £118.25 ($146.55).

London Stock Exchange Group Stock Down 0.1 %

The business’s 50 day moving average is £114.85 and its 200 day moving average is £106.42. The company has a debt-to-equity ratio of 43.66, a quick ratio of 0.01 and a current ratio of 1.00. The company has a market capitalization of £63.80 billion, a price-to-earnings ratio of 8,721.01, a PEG ratio of 1.72 and a beta of 0.41.

About London Stock Exchange Group

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain.

With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world’s financial ecosystem and enable the sustainable growth and stability of our customers and their communities.

Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle.

LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.