Lords Group Trading (LON:LORD) Stock Price Down 2.4% - Should You Sell?

Key Points

• The shares of Lords Group Trading fell by 2.4% to GBX 41 ($0.55) during trading, with a notable decline in trading volume, down 27% from the average.
• Berenberg Bank reaffirmed a "buy" rating" for Lords Group Trading, setting a price objective of GBX 80, while the stock holds an average rating of "Buy" with the same price target from analysts.
• The company, which focuses on the UK building and plumbing goods market, has a market capitalization of £65.47 million and carries a high debt-to-equity ratio of 196.86.

Lords Group Trading plc (LON:LORD - Get Free Report) shares fell 2.4% during trading on Wednesday . The company traded as low as GBX 41 ($0.55) and last traded at GBX 41 ($0.55). 62,188 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 85,425 shares. The stock had previously closed at GBX 42 ($0.57).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 80 price objective on shares of Lords Group Trading in a research note on Thursday, May 8th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 80.

Lords Group Trading Price Performance

The company has a market cap of £65.47 million, a P/E ratio of -36.48 and a beta of 1.18. The company's 50-day moving average price is GBX 46.02 and its 200-day moving average price is GBX 35.32. The company has a debt-to-equity ratio of 196.86, a current ratio of 1.31 and a quick ratio of 0.77.

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.

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