Lords Group Trading (LON:LORD) Sets New 52-Week Low – Here’s What Happened

Lords Group Trading plc (LON:LORD)’s share price reached a new 52-week low on Tuesday. The company traded as low as GBX 11 and last traded at GBX 11.46, with a volume of 29,933 shares. The stock had previously closed at GBX 11.75.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 40 target price on shares of Lords Group Trading in a research note on Wednesday, September 30th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 29.50.

Lords Group Trading Stock Performance

The company has a market capitalization of £19.05 million, a P/E ratio of -1.87 and a beta of 1.32. 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 company’s 50-day moving average is GBX 12.41 and its two-hundred day moving average is GBX 17.09.

Lords Group Trading (LON:LORD) last released 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%. Equities analysts anticipate that Lords Group Trading plc will post 3.60 earnings per share for the current fiscal year.

Lords Group Trading Company Profile

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.