Keystone Law Group (LON:KEYS) Shares Up 0.7% - Still a Buy?

Key Points

• Keystone Law Group's stock price increased by 0.7% during trading on Wednesday, reaching a last traded price of GBX 623.50 ($8.27), although trading volume was down by 27% compared to its average.
• The company reported an earnings per share (EPS) of GBX 30.40 ($0.40) for the last quarter, contributing to a return on equity of 45.78%.
• Shore Capital has reiterated a "buy" rating for Keystone Law Group, suggesting confidence in the company's future performance.

Keystone Law Group plc (LON:KEYS - Get Free Report)'s stock price traded up 0.7% during mid-day trading on Wednesday . The company traded as high as GBX 623.80 ($8.28) and last traded at GBX 623.50 ($8.28). 25,992 shares were traded during trading, a decline of 27% from the average session volume of 35,729 shares. The stock had previously closed at GBX 619 ($8.22).

Analyst Ratings Changes

Separately, Shore Capital reissued a "buy" rating on shares of Keystone Law Group in a report on Thursday, May 1st.

Keystone Law Group Price Performance

The company's 50 day simple moving average is GBX 612.74 and its 200-day simple moving average is GBX 555.63. The company has a debt-to-equity ratio of 13.53, a quick ratio of 1.46 and a current ratio of 1.56. The firm has a market capitalization of £197.57 million, a PE ratio of 25.06 and a beta of 0.26.

Keystone Law Group (LON:KEYS - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported GBX 30.40 ($0.40) earnings per share (EPS) for the quarter. Keystone Law Group had a return on equity of 45.78% and a net margin of 8.43%. On average, analysts forecast that Keystone Law Group plc will post 22.8524455 EPS for the current fiscal year.

About Keystone Law Group

Keystone Law Group plc provides conventional legal services in the United Kingdom. The company offers its legal services in the areas of banking and finance, capital market, commercial, commercial property, construction and projects, corporate, data protection, dispute resolution, employment, EU and competition law, family and matrimonial, fraud and financial crime, and immigration.