Northern Bear (LON:NTBR) Trading 12% Higher – Here’s Why

Northern Bear PLC (LON:NTBR) shot up 12% during mid-day trading on Thursday . The stock traded as high as GBX 114.85 and last traded at GBX 114.80. 158,720 shares traded hands during trading, an increase of 258% from the average daily volume of 44,290 shares. The stock had previously closed at GBX 102.50.

Northern Bear Stock Performance

The company has a market capitalization of £15.48 million, a P/E ratio of 3.80 and a beta of 0.24. The stock’s fifty day moving average price is GBX 105.19 and its 200-day moving average price is GBX 114.91. The company has a debt-to-equity ratio of 9.55, a quick ratio of 1.06 and a current ratio of 1.24.

Northern Bear (LON:NTBR) last announced its quarterly earnings results on Thursday, July 16th. The company reported GBX 30.20 earnings per share for the quarter. Northern Bear had a return on equity of 16.33% and a net margin of 4.82%. As a group, research analysts anticipate that Northern Bear PLC will post 10.0925926 EPS for the current fiscal year.

About Northern Bear

Northern Bear PLC, together with its subsidiaries, provides building and support services to local authorities, housing associations, NHS trusts, universities, construction companies, and national house builders in Northern England and internationally. It operates through three segments: Roofing Activities, Materials Handling Activities, and Specialist Building Services Activities. The company supplies, maintains, and services forklift trucks and warehouse equipment. It also offers roofing services, such as slating, tiling, leadwork, felting and general roof repairs, specialist leadwork, and refurbishment and maintenance services for domestic, commercial, and public sector properties.