Likewise Group (LON:LIKE) Stock Price Down 4.3% - Time to Sell?

Key Points

• Likewise Group Plc's share price decreased by 4.3% during mid-day trading, closing at GBX 27 ($0.36) after reaching a low of GBX 26 ($0.35).
• The company reported earnings per share of GBX 0.09 for the last quarter, with analysts predicting an average EPS of 1.10 for the current year.
• Insiders purchased a total of 185,714 shares of Likewise Group in recent transactions, indicating confidence in the company's performance despite the stock decline.

Shares of Likewise Group Plc (LON:LIKE - Get Free Report) dropped 4.3% during mid-day trading on Tuesday . The company traded as low as GBX 26 ($0.35) and last traded at GBX 27 ($0.36). Approximately 52,327 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 321,326 shares. The stock had previously closed at GBX 28.20 ($0.38).

Likewise Group Trading Down 8.2%

The company has a current ratio of 1.10, a quick ratio of 0.67 and a debt-to-equity ratio of 36.11. The business has a 50 day moving average of GBX 25.94 and a 200-day moving average of GBX 22.30. The stock has a market cap of £64.66 million, a PE ratio of 8,633.33 and a beta of 0.85.

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

Insider Buying and Selling at Likewise Group

In other Likewise Group news, insider Anthony J. Brewer purchased 162,421 shares of the business's stock in a transaction on Monday, July 14th. The stock was bought at an average cost of GBX 25 per share, for a total transaction of £40,605.25. Also, insider Andrew Simpson acquired 19,250 shares of the company's stock in a transaction dated Monday, July 14th. The shares were purchased at an average price of GBX 25 per share, with a total value of £4,812.50. Insiders acquired a total of 185,714 shares of company stock valued at $4,642,850 over the last quarter. 17.15% of the stock is currently owned by insiders.

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.

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