Warpaint London (LON:W7L) Stock Price Up 12.5% - Here's Why

Key Points

• Warpaint London PLC's stock price rose by 12.5%, reaching GBX 225 ($3.01) during mid-day trading, with a significant increase in trading volume of 821,775 shares.
• Analysts from Berenberg Bank and Royal Bank of Canada have lowered their target prices for the stock and given it a "buy" and "outperform" rating, respectively, while the average rating remains a "Buy."
• The company reported earnings of GBX 8.52 EPS for the quarter, indicating a strong return on equity of 35.04% and a net margin of 17.35%.

Warpaint London PLC (LON:W7L - Get Free Report)'s stock price rose 12.5% during mid-day trading on Wednesday . The company traded as high as GBX 225 ($3.01) and last traded at GBX 225 ($3.01). Approximately 821,775 shares traded hands during mid-day trading, an increase of 106% from the average daily volume of 398,091 shares. The stock had previously closed at GBX 200 ($2.67).

Analyst Ratings Changes

A number of equities research analysts have weighed in on W7L shares. Berenberg Bank reduced their target price on Warpaint London from GBX 700 to GBX 510 and set a "buy" rating on the stock in a report on Wednesday, September 10th. Royal Bank Of Canada reduced their price objective on Warpaint London from GBX 700 to GBX 440 and set an "outperform" rating on the stock in a research note on Tuesday, October 7th. Finally, Shore Capital reissued a "house stock" rating on shares of Warpaint London in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of GBX 475.

Warpaint London Price Performance

The business has a 50-day moving average of GBX 251.12 and a two-hundred day moving average of GBX 353.13. The company has a current ratio of 3.46, a quick ratio of 1.56 and a debt-to-equity ratio of 2.55. The firm has a market cap of £181.77 million, a P/E ratio of 11.40 and a beta of 0.60.

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

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