Lok’nStore Group Plc (LON:LOK) Insider Simon Thomas Sells 2,000 Shares

Lok’nStore Group Plc (LON:LOK) insider Simon Thomas sold 2,000 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of GBX 764 ($9.56), for a total transaction of £15,280 ($19,116.73).

Simon Thomas also recently made the following trade(s):

• On Tuesday, August 29th, Simon Thomas sold 7,806 shares of Lok’nStore Group stock. The stock was sold at an average price of GBX 732 ($9.16), for a total transaction of £57,139.92 ($71,487.45).

Lok’nStore Group Price Performance

LOK opened at GBX 775.52 ($9.70) on Tuesday. Lok’nStore Group Plc has a one year low of GBX 621.90 ($7.78) and a one year high of GBX 1,000 ($12.51). The company has a debt-to-equity ratio of 29.81, a current ratio of 5.60 and a quick ratio of 5.09. The company’s 50 day simple moving average is GBX 691.17 and its 200-day simple moving average is GBX 765.16. The stock has a market capitalization of £254.45 million, a P/E ratio of 4,800.00 and a beta of 0.65.

Lok’nStore Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 5th. Investors of record on Thursday, November 23rd will be issued a GBX 13.25 ($0.17) dividend. This is a positive change from Lok’nStore Group’s previous dividend of $5.75. This represents a yield of 2.04%. The ex-dividend date of this dividend is Thursday, November 23rd. Lok’nStore Group’s dividend payout ratio is currently 11,875.00%.

About Lok’nStore Group

Lok'nStore Group Plc engages in the development and operation of self-storage centers in the United Kingdom. It offers household storage services for furniture and belongings while moving property, decluttering, home improvements, redecorating, travelling overseas, and other life events. The company also operates business self-storage units and spaces with mini-warehousing, pallet storage, archives and documents, holding stocks, boxes, office spaces, and eBayers and online retailers; and provides insurance services.