Likewise Group (LON:LIKE) Shares Up 2.4% - Here's What Happened

Key Points

• Shares rose 2.4% to GBX 21 on Thursday, with 203,841 shares traded—about 43% below the stock's average daily volume.
• Valuation and balance-sheet snapshot: Market cap £52.34m and P/E 39.62, with modest liquidity (current ratio 1.03, quick ratio 0.67) and a high debt-to-equity ratio of 82.75.
• Business profile: Likewise is a UK flooring distributor operating 12 distribution centres, serving over 7,000 customers and around 560 employees.

Likewise Group Plc (LON:LIKE - ) shares traded up 2.4% during trading on Thursday . The company traded as high as GBX 21 and last traded at GBX 21. 203,841 shares changed hands during trading, a decline of 43% from the average session volume of 359,680 shares. The stock had previously closed at GBX 20.50.

Likewise Group Stock Performance

The company has a 50-day simple moving average of GBX 23.47 and a two-hundred day simple moving average of GBX 24.59. The company has a quick ratio of 0.67, a current ratio of 1.03 and a debt-to-equity ratio of 82.75. The firm has a market cap of £52.34 million, a PE ratio of 39.62 and a beta of 0.90.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its 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.560 employees.

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