Likewise Group (LON:LIKE) Reaches New 52-Week High - Should You Buy?

Key Points

• Likewise Group Plc reached a new 52-week high of GBX 27 ($0.36) with a market cap of £60.77 million and a PE ratio of 60.09.
• Insider buying was notable, with Andrew Simpson and Anthony J. Brewer purchasing a combined 181,671 shares at an average price of GBX 25 ($0.33) per share, indicating confidence in the company's prospects.
• The company recently reported an EPS of GBX 0.30 ($0.00) for the quarter, with analysts projecting an annual EPS of approximately 1.10.

Likewise Group Plc (LON:LIKE - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 27 ($0.36) and last traded at GBX 25.50 ($0.34), with a volume of 1426506 shares trading hands. The stock had previously closed at GBX 25 ($0.33).

Likewise Group Stock Performance

The company has a market cap of £60.77 million, a PE ratio of 60.09 and a beta of 0.85. The company has a debt-to-equity ratio of 36.11, a current ratio of 1.10 and a quick ratio of 0.67. The business has a 50-day moving average of GBX 23.99 and a 200 day moving average of GBX 20.68.

Likewise Group (LON:LIKE - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported GBX 0.30 ($0.00) earnings per share for the quarter. Likewise Group had a return on equity of 2.55% and a net margin of 0.70%. Equities research analysts anticipate that Likewise Group Plc will post 1.1006289 EPS for the current fiscal year.

Insider Buying and Selling at Likewise Group

In related news, insider Andrew Simpson acquired 19,250 shares of the stock in a transaction on Monday, July 14th. The stock was bought at an average cost of GBX 25 ($0.33) per share, with a total value of £4,812.50 ($6,428.67). Also, insider Anthony J. Brewer acquired 162,421 shares of the business's stock in a transaction that occurred on Monday, July 14th. The shares were acquired at an average cost of GBX 25 ($0.33) per share, for a total transaction of £40,605.25 ($54,241.58). Insiders bought 185,714 shares of company stock worth $4,642,850 in the last three months. Insiders own 37.49% of the company's stock.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via it's twelve Distribution and Logistics Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Newbury, Sidcup, Sudbury, Erith, Derby, Newport and Plymouth. With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, In its formative five year journey, it has established a business with over 7,000 customers and currently employees c.500 employees.

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