Legal & General Group (OTCMKTS:LGGNY) Sees Large Volume Increase – Here’s What Happened

Legal & General Group PLC (OTCMKTS:LGGNY) saw an uptick in trading volume on Monday . 72,898 shares traded hands during mid-day trading, an increase of 222% from the previous session’s volume of 22,647 shares.The stock last traded at $18.35 and had previously closed at $18.17.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Legal & General Group Price Performance

The company’s 50-day moving average price is $17.27 and its two-hundred day moving average price is $16.72.

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.