UP Global Sourcing (LON:UPGS) Shares Up 2.8%

UP Global Sourcing Holdings PLC (LON:UPGS)’s share price shot up 2.8% during mid-day trading on Thursday . The stock traded as high as GBX 73 ($0.95) and last traded at GBX 72.20 ($0.94), 55,344 shares were traded during mid-day trading. A decline of 92% from the average session volume of 655,690 shares. The stock had previously closed at GBX 70.20 ($0.92).

Separately, Shore Capital restated a “house stock” rating on shares of UP Global Sourcing in a research note on Wednesday, May 1st.

The firm has a market cap of $59.33 million and a price-to-earnings ratio of 10.17. The firm’s 50 day moving average price is GBX 77.14 and its 200-day moving average price is GBX 72.76. The company has a debt-to-equity ratio of 134.54, a current ratio of 1.36 and a quick ratio of 0.70.

UP Global Sourcing Company Profile (LON:UPGS)

UP Global Sourcing Holdings plc, together with its subsidiaries, supplies branded household products worldwide. The company offers its products principally under the Beldray, Salter, Intempo, Russell Hobbs, and Progress brands. UP Global Sourcing Holdings plc was founded in 1997 and is based in Oldham, the United Kingdom.

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