February 5, 2016 - 11:33 AM EST
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Laclede Group Inc (LG) is Trading Lower on Unusual Volume for February 05

Laclede Group Inc (LG) experienced unusually high volume on Feb. 05, as the stock lost 0.5% to a closing price of $64.23. The stock saw 398,130 shares trade hands over the course of the day on 2,221 trades. Given that the stock’s average daily volume over the last month has been 238,428 shares a day, this represents a pretty substantial spike over the norm.

Laclede Group Inc has a P/B ratio of 1.77. It also has a P/E ratio of 18.9. The stock has traded between $65.13 and $49.07 over the last 52-weeks, its 50-day SMA is now $59.01, and its 200-day SMA $54.54.

Laclede Group Inc along with its subsidiaries is engaged in the purchase, retail distribution and sale of natural gas. The Company is also indulged in marketing of natural gas and related activities on a non-regulated basis.

Headquartered in St. Louis, MO, Laclede Group Inc has 3,078 employees and is currently under the leadership of CEO Suzanne Sitherwood.

For a complete fundamental analysis analysis of Laclede Group Inc, check out Equities.com’s Stock Valuation Analysis report for LG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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Source: Equities.com News (February 5, 2016 - 11:33 AM EST)

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