Warpaint London (LON:W7L) Shares Down 20.7% on Analyst Downgrade

Key Points

• Warpaint London PLC's stock fell 20.7% after Berenberg Bank decreased its price target from GBX 700 to GBX 510, despite maintaining a buy rating on the stock.
• Approximately 1.26 million shares were traded during mid-day trading, significantly higher than the average daily volume of 363,073 shares.
• Warpaint London has a market cap of £187.35 million and reported a return on equity of 35.04% with a net margin of 17.35% in its latest earnings results.

Warpaint London PLC (LON:W7L - Get Free Report)'s stock price was down 20.7% on Wednesday after Berenberg Bank lowered their price target on the stock from GBX 700 to GBX 510. Berenberg Bank currently has a buy rating on the stock. Warpaint London traded as low as GBX 225.10 ($3.05) and last traded at GBX 226 ($3.06). Approximately 1,257,356 shares traded hands during trading, an increase of 246% from the average daily volume of 363,073 shares. The stock had previously closed at GBX 285 ($3.86).

Separately, Shore Capital reiterated a "house stock" rating on shares of Warpaint London in a report on Tuesday, June 17th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of GBX 510.

Warpaint London Price Performance

The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.56 and a current ratio of 3.46. The company has a market cap of £181.77 million, a P/E ratio of 964.01 and a beta of 0.60. The firm has a 50 day moving average price of GBX 348.64 and a two-hundred day moving average price of GBX 385.46.

Warpaint London (LON:W7L - Get Free Report) last posted its quarterly earnings results on Wednesday, September 10th. The company reported GBX 8.52 earnings per share for the quarter. Warpaint London had a return on equity of 35.04% and a net margin of 17.35%. On average, analysts predict that Warpaint London PLC will post 25.1837335 EPS for the current fiscal year.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.