FinnCap Reiterates “Corporate” Rating for Lok’n Store Group (LON:LOK)

FinnCap reissued their corporate rating on shares of Lok’n Store Group (LON:LOK) in a research report report published on Monday morning, Stock Target Advisor reports. The firm currently has a GBX 810 ($10.66) price objective on the stock, up from their prior price objective of GBX 697 ($9.17).

Shares of LOK opened at GBX 730 ($9.60) on Monday. The company has a current ratio of 3.47, a quick ratio of 3.34 and a debt-to-equity ratio of 36.13. Lok’n Store Group has a 12-month low of GBX 405 ($5.33) and a 12-month high of GBX 740 ($9.73). The firm has a 50-day moving average price of GBX 721.22 and a 200 day moving average price of GBX 611.48. The firm has a market capitalization of $216.03 million and a P/E ratio of 38.62.

In related news, insider Neil Newman sold 2,043 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of GBX 670 ($8.81), for a total value of £13,688.10 ($18,005.92).

About Lok’n Store Group

Lok'nStore Group Plc provides self-storage, and serviced archive and records management services to household and business customers in the United Kingdom. The company operates a packaging shop in each of its storage centers that sells storage related goods, such as boxes, tapes, and bubblewraps, as well as provides insurance services.

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