Likewise Group (LON:LIKE) Trading Down 1.4% - What's Next?

Key Points

• Shares of Likewise Group Plc fell by 1.4%, closing at GBX 24.64 ($0.33), with a significant drop in trading volume of 92% compared to the average.
• The company has a market cap of £61.96 million and reported earnings per share of GBX 0.30 ($0.00) for the last quarter.
• Recent insider purchases suggest confidence in the company, with insiders acquiring 185,714 shares valued at $4,642,850 in the past three months.

Shares of Likewise Group Plc (LON:LIKE - Get Free Report) dropped 1.4% during trading on Wednesday . The company traded as low as GBX 24.64 ($0.33) and last traded at GBX 24.64 ($0.33). Approximately 24,750 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 298,615 shares. The stock had previously closed at GBX 25 ($0.34).

Likewise Group Trading Up 3.3%

The stock has a market cap of £62.79 million, a price-to-earnings ratio of 62.10 and a beta of 0.85. The company has a quick ratio of 0.67, a current ratio of 1.10 and a debt-to-equity ratio of 36.11. The business's 50 day simple moving average is GBX 24.06 and its 200 day simple moving average is GBX 20.78.

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

Insiders Place Their Bets

In related news, insider Anthony J. Brewer bought 4,043 shares of the business's stock in a transaction dated Monday, July 14th. The stock was bought at an average price of GBX 25 ($0.34) per share, for a total transaction of £1,010.75 ($1,359.45). Also, insider Andrew Simpson bought 19,250 shares of the business's stock in a transaction dated Monday, July 14th. The shares were bought at an average price of GBX 25 ($0.34) per share, with a total value of £4,812.50 ($6,472.76). In the last quarter, insiders acquired 185,714 shares of company stock valued at $4,642,850. Corporate insiders own 37.49% of the company's stock.

Likewise Group Company Profile

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.