Lords Group Trading (LON:LORD) Sets New 1-Year Low – What’s Next?

Lords Group Trading plc (LON:LORD) hit a new 52-week low on Tuesday . The stock traded as low as GBX 12.25 and last traded at GBX 12.25, with a volume of 15274 shares traded. The stock had previously closed at GBX 12.38.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LORD. Berenberg Bank reduced their price target on shares of Lords Group Trading from GBX 65 to GBX 50 and set a “buy” rating for the company in a report on Thursday, July 30th. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 19 price objective on shares of Lords Group Trading in a report on Wednesday, May 20th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 34.50.

Lords Group Trading Price Performance

The company has a debt-to-equity ratio of 245.10, a quick ratio of 0.77 and a current ratio of 1.18. The firm has a market capitalization of £20.37 million, a P/E ratio of -4.57 and a beta of 1.28. The business has a fifty day moving average of GBX 14.53 and a 200-day moving average of GBX 17.26.

About Lords Group Trading

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.