Likewise Group (LON:LIKE) Stock Price Down 2.3% - Here's Why

Key Points

• Likewise Group's stock price fell 2.3% during mid-day trading, closing at GBX 26.88 ($0.36), with a significant decline in trading volume, down 51% from average levels.
• The company reported an earnings per share (EPS) of GBX 0.09 for the last quarter, with analysts forecasting a projected EPS of 1.10 for the current year.
• Likewise Group operates as a distributor of residential and commercial flooring, with a network of twelve Distribution and Logistics Centres across the UK and over 7,000 customers.

Likewise Group Plc (LON:LIKE - Get Free Report)'s stock price fell 2.3% during mid-day trading on Tuesday . The company traded as low as GBX 26 ($0.35) and last traded at GBX 26.88 ($0.36). 159,101 shares were traded during trading, a decline of 51% from the average session volume of 325,926 shares. The stock had previously closed at GBX 27.50 ($0.37).

Likewise Group Stock Performance

The company's 50-day moving average price is GBX 26.58 and its two-hundred day moving average price is GBX 23.28. The company has a market cap of £67.00 million, a P/E ratio of 5,071.70 and a beta of 0.85. The company has a current ratio of 1.10, a quick ratio of 0.67 and a debt-to-equity ratio of 36.11.

Likewise Group (LON:LIKE - Get Free Report) last released its earnings results on Tuesday, September 9th. The company reported GBX 0.09 EPS for the quarter. Likewise Group had a net margin of 0.70% and a return on equity of 2.55%. As a group, equities analysts forecast that Likewise Group Plc will post 1.1006289 earnings per share for the current year.

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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