Lords Group Trading (LON:LORD) Shares Down 1.5% - Here's Why

Lords Group Trading plc (LON:LORD - Get Free Report)'s stock price fell 1.5% during mid-day trading on Wednesday . The company traded as low as GBX 32 ($0.43) and last traded at GBX 33 ($0.44). 83,926 shares were traded during trading, an increase of 2% from the average session volume of 82,076 shares. The stock had previously closed at GBX 33.50 ($0.45).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 80 target price on shares of Lords Group Trading in a research note on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Lords Group Trading has an average rating of "Buy" and an average price target of GBX 80.

Lords Group Trading Stock Performance

The stock has a market cap of £53.22 million, a PE ratio of -22.24 and a beta of 1.18. The stock has a 50-day simple moving average of GBX 35.48 and a 200-day simple moving average of GBX 37.22. The company has a debt-to-equity ratio of 196.86, a current ratio of 1.31 and a quick ratio of 0.77.

Lords Group Trading (LON:LORD - Get Free Report) last released its earnings results on Thursday, September 11th. The company reported GBX 1.35 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.

Lords Group Trading Company Profile

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.

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