Likewise Group (LON:LIKE) Shares Up 12.3% – Still a Buy?

Likewise Group Plc (LON:LIKE)’s stock price shot up 12.3% during mid-day trading on Monday . The stock traded as high as GBX 36 and last traded at GBX 35.50. Approximately 3,342,798 shares were traded during mid-day trading, an increase of 744% from the average daily volume of 395,979 shares. The stock had previously closed at GBX 31.60.

Likewise Group Price Performance

The company has a debt-to-equity ratio of 73.95, a quick ratio of 0.67 and a current ratio of 1.06. The firm has a fifty day simple moving average of GBX 28.19 and a 200 day simple moving average of GBX 25.30. The company has a market capitalization of £92.44 million, a PE ratio of 108.88 and a beta of 1.08.

Likewise Group (LON:LIKE) last issued its earnings results on Tuesday, April 28th. The company reported GBX 0.36 earnings per share for the quarter. The business had revenue of £163.10 million during the quarter. Likewise Group had a return on equity of 2.10% and a net margin of 0.54%. Equities analysts anticipate that Likewise Group Plc will post 1.1006289 EPS for the current year.

Likewise Group Company Profile

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its thirteen Distribution and Logistics Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Newbury, Sidcup, Sudbury, Erith, Derby, Newport and Plymouth.

With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, In its formative five year journey, it has established a business with over 7,000 customers and currently employees c.580 employees.