Likewise Group (LON:LIKE) Trading 2.5% Higher - Still a Buy?

Shares of Likewise Group Plc (LON:LIKE - Get Free Report) rose 2.5% during mid-day trading on Monday . The stock traded as high as GBX 23 ($0.31) and last traded at GBX 22.59 ($0.31). Approximately 30,402 shares traded hands during trading, a decline of 90% from the average daily volume of 310,607 shares. The stock had previously closed at GBX 22.03 ($0.30).

Likewise Group Stock Up 2.5%

The stock has a 50-day simple moving average of GBX 20.79 and a 200-day simple moving average of GBX 19.25. 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 firm has a market capitalization of £53.83 million, a PE ratio of 53.24 and a beta of 0.85.

Likewise Group (LON:LIKE - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported GBX 0.30 ($0.00) earnings per share (EPS) for the quarter. Likewise Group had a return on equity of 2.55% and a net margin of 0.70%. Analysts forecast 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 sold 1,000,000 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 17 ($0.23), for a total transaction of £170,000 ($230,165.18). Company 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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