Likewise Group (LON:LIKE) Hits New 52-Week High – Still a Buy?

Likewise Group Plc (LON:LIKE)’s stock price hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 43 and last traded at GBX 43, with a volume of 5,841,619 shares traded. The stock had previously closed at GBX 39.50.

Likewise Group Trading Up 3.7%

The firm has a market cap of £162.89 million, a P/E ratio of 79.64 and a beta of 1.17. The company has a debt-to-equity ratio of 78.59, a current ratio of 1.04 and a quick ratio of 0.67. The company’s 50 day moving average is GBX 33.40 and its two-hundred day moving average is GBX 29.

Likewise Group (LON:LIKE) last issued its quarterly earnings results on Monday, September 28th. The company reported GBX 0.32 earnings per share (EPS) for the quarter. Likewise Group had a return on equity of 3.23% and a net margin of 0.84%. On average, sell-side analysts predict that Likewise Group Plc will post 1.10 earnings per share for the current year.

About Likewise Group

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.