Lowland (LON:LWI) Announces Quarterly Earnings Results

Lowland (LON:LWI) posted its quarterly earnings results on Wednesday. The company reported GBX 2.64 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 722 million during the quarter. Lowland had a return on equity of 16.81% and a net margin of 291.29%.

Lowland Stock Down 0.3%

Shares of LON LWI traded down GBX 0.50 during trading hours on Wednesday, hitting GBX 167. The company had a trading volume of 369,048 shares, compared to its average volume of 517,052. Lowland has a 1-year low of GBX 135.80 and a 1-year high of GBX 186.20. The company has a quick ratio of 0.24, a current ratio of 0.40 and a debt-to-equity ratio of 13.28. The firm’s 50 day moving average is GBX 166.68 and its 200-day moving average is GBX 164.07. The stock has a market capitalization of £367.35 million, a P/E ratio of 6.96 and a beta of 0.88.

Insiders Place Their Bets

In other news, insider Helena Vinnicombe purchased 10,000 shares of the company’s stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of GBX 166 per share, with a total value of £16,600. Insiders own 0.43% of the company’s stock.

Lowland Company Profile

Lowland Investment Company plc is a United Kingdom-based investment trust company. The Company’s investment objective is to give shareholders a higher than average return with growth of both capital and income over the medium to long term. The Company invests in a range of the United Kingdom companies of various sizes with normally not more than half by value coming from the over 100 United Kingdom companies and the balance from small and medium sized companies.