Likewise Group (LON:LIKE) Shares Climb 10% – Still a Buy?

Likewise Group Plc (LON:LIKE) was up 10% during mid-day trading on Tuesday. The stock traded as high as GBX 47 and last traded at GBX 46.20. Approximately 6,573,990 shares were traded during trading, an increase of 730% from the average daily volume of 791,757 shares. The stock had previously closed at GBX 42.

Likewise Group Price Performance

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 firm has a market capitalization of £168.73 million, a price-to-earnings ratio of 82.50 and a beta of 1.17. The business’s fifty day simple moving average is GBX 36.85 and its 200 day simple moving average is GBX 28.96.

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

Likewise Group Company Profile

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.