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Likewise Group (LON:LIKE) Stock Price Up 11.8% - Here's What Happened

Likewise Group logo with Consumer Cyclical background

Likewise Group Plc (LON:LIKE - Get Free Report) shares shot up 11.8% on Wednesday . The stock traded as high as GBX 25 ($0.34) and last traded at GBX 24.15 ($0.33). 681,466 shares changed hands during mid-day trading, an increase of 101% from the average session volume of 339,241 shares. The stock had previously closed at GBX 21.60 ($0.29).

Likewise Group Price Performance

The company's 50-day moving average price is GBX 18.87 and its two-hundred day moving average price is GBX 18.38. The company has a market cap of £56.24 million, a P/E ratio of 55.62 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 announced its quarterly earnings data on Monday, May 12th. The company reported GBX 0.30 ($0.00) earnings per share for the quarter. Likewise Group had a net margin of 0.70% and a return on equity of 2.55%. As a group, sell-side analysts expect that Likewise Group Plc will post 1.1006289 earnings per share for the current year.

Insider Buying and Selling at Likewise Group

In other news, insider Anthony J. Brewer sold 1,000,000 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of GBX 17 ($0.23), for a total value of £170,000 ($229,450.67). Also, insider Andrew Simpson sold 1,397,135 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of GBX 19 ($0.26), for a total transaction of £265,455.65 ($358,288.10). 37.49% of the stock is currently owned by company insiders.

Likewise Group Company Profile

(Get Free Report)

Likewise is a distributor of Residential and Commercial Flooring to Retailers and Contractors through it's seven Distribution Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Sudbury and Peckham. With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, Likewise has in 3 years established a business with over 2,600 customers and currently employees c.260 employees.

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