Legal General Group Stock Today

LGGNF Stock  USD 3.11  0.06  1.97%   

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Legal General is trading at 3.11 as of the 18th of April 2024. This is a 1.97% increase since the beginning of the trading day. The stock's lowest day price was 2.97. Legal General has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Legal General Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of September 2022 and ending today, the 18th of April 2024. Click here to learn more.
Legal General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. Legal General Group Plc was founded in 1836 and is headquartered in London, the United Kingdom. Legal General operates under Asset Management classification in the United States and is traded on OTC Exchange. The company has 5.97 B outstanding shares. More on Legal General Group
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Legal Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Legal General's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Legal General or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOMark Zinkula
Business ConcentrationAsset Management, Financial Services (View all Sectors)
Legal General Group [LGGNF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Legal General's market, we take the total number of its shares issued and multiply it by Legal General's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Legal General Group classifies itself under Financial Services sector and is part of Asset Management industry. The entity has 5.97 B outstanding shares. Legal General Group has accumulated about 24.77 B in cash with (169 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership Allocation
Legal General Group maintains a total of 5.97 Billion outstanding shares. 30% of Legal General outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Legal Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Legal General jumping above the current price in 90 days from now is about 57.93%. The Legal General Group probability density function shows the probability of Legal General pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Legal General has a beta of 0.9199. This indicates Legal General Group market returns are reactive to returns on the market. As the market goes up or down, Legal General is expected to follow. Additionally, legal General Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 3.11HorizonTargetOdds Above 3.11
41.73%90 days
 3.11 
57.93%
Based on a normal probability distribution, the odds of Legal General to move above the current price in 90 days from now is about 57.93 (This Legal General Group probability density function shows the probability of Legal Pink Sheet to fall within a particular range of prices over 90 days) .

Legal General Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Legal General market risk premium is the additional return an investor will receive from holding Legal General long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Legal General. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Legal General's alpha and beta are two of the key measurements used to evaluate Legal General's performance over the market, the standard measures of volatility play an important role as well.

Legal Stock Against Markets

Picking the right benchmark for Legal General pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Legal General pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Legal General is critical whether you are bullish or bearish towards Legal General Group at a given time. Please also check how Legal General's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Legal General without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Legal General Corporate Directors

Legal General corporate directors refer to members of a Legal General board of directors. The board of directors generally takes responsibility for the Legal General's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Legal General's board members must vote for the resolution. The Legal General board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stuart PophamIndependent Non-Executive DirectorProfile
Carolyn BradleyNon-Executive Independent DirectorProfile
Olaf SwanteeIndependent Non-Executive DirectorProfile
Emma HardakerJonesGroup Human Resources DirectorProfile

How to buy Legal Pink Sheet?

Before investing in Legal General, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Legal General. To buy Legal General stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Legal General. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Legal General stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Legal General Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Legal General Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Legal General Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Legal General Group?

The danger of trading Legal General Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Legal General is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Legal General. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Legal General Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legal General Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Legal General's price analysis, check to measure Legal General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legal General is operating at the current time. Most of Legal General's value examination focuses on studying past and present price action to predict the probability of Legal General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legal General's price. Additionally, you may evaluate how the addition of Legal General to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Legal General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legal General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legal General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.