Lords Group Trading (LON:LORD) Stock Price Up 4.1% – Time to Buy?

Shares of Lords Group Trading plc (LON:LORD) were up 4.1% during mid-day trading on Wednesday. The company traded as high as GBX 12.50 and last traded at GBX 12.49. 255,426 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 210,492 shares. The stock had previously closed at GBX 12.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 40 target price on shares of Lords Group Trading in a report on Wednesday, September 30th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Lords Group Trading currently has an average rating of “Moderate Buy” and a consensus price target of GBX 29.50.

Lords Group Trading Stock Up 4.1%

The business has a 50-day simple moving average of GBX 12.54 and a 200-day simple moving average of GBX 15.20. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 298.81. The stock has a market cap of £20.76 million, a P/E ratio of -2.04 and a beta of 1.32.

Lords Group Trading (LON:LORD) last issued its quarterly earnings results on Wednesday, September 30th. The company reported GBX (0.70) EPS for the quarter. Lords Group Trading had a negative return on equity of 26.48% and a negative net margin of 2.14%. Analysts expect that Lords Group Trading plc will post 3.60 EPS for the current year.

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.