Lords Group Trading (LON:LORD) Sets New 52-Week High - Here's What Happened

Lords Group Trading plc (LON:LORD - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 55 ($0.75) and last traded at GBX 53.50 ($0.73), with a volume of 550081 shares. The stock had previously closed at GBX 49 ($0.67).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 80 ($1.09) price target on shares of Lords Group Trading in a report on Thursday, May 8th.

Lords Group Trading Price Performance

The firm's 50-day moving average is GBX 37.69 and its 200-day moving average is GBX 32.50. The company has a market capitalization of £85.44 million, a PE ratio of -47.60 and a beta of 1.18. The company has a quick ratio of 0.77, a current ratio of 1.31 and a debt-to-equity ratio of 196.86.

Lords Group Trading (LON:LORD - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported GBX 1.85 ($0.03) earnings per share (EPS) for the quarter. Lords Group Trading had a negative net margin of 0.40% and a negative return on equity of 3.69%. Equities analysts predict that Lords Group Trading plc will post 3.6 earnings per share for the current fiscal year.

Insider Transactions at Lords Group Trading

In other Lords Group Trading news, insider Sheena Mackay purchased 64,695 shares of the business's stock in a transaction on Thursday, May 8th. The stock was acquired at an average cost of GBX 31 ($0.42) per share, for a total transaction of £20,055.45 ($27,297.47). 63.19% of the stock is currently owned by insiders.

About Lords Group Trading

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group's demand focused on this segment of the construction market. The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public. The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.