Warpaint London (LON:W7L) Stock Price Down 20.7% After Analyst Downgrade

Warpaint London PLC (LON:W7L)’s stock price dropped 20.7% during mid-day trading on Wednesday after Berenberg Bank lowered their price target on the stock from GBX 700 to GBX 510. Berenberg Bank currently has a buy rating on the stock. Warpaint London traded as low as GBX 225.10 ($3.05) and last traded at GBX 226 ($3.06). Approximately 1,257,356 shares traded hands during mid-day trading, an increase of 246% from the average daily volume of 363,073 shares. The stock had previously closed at GBX 285 ($3.86).

Separately, Shore Capital restated a “house stock” rating on shares of Warpaint London in a research note on Tuesday, June 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 510.

Warpaint London Price Performance

The stock has a 50-day moving average price of GBX 360.52 and a 200 day moving average price of GBX 388.53. The company has a debt-to-equity ratio of 2.55, a current ratio of 3.46 and a quick ratio of 1.56. The firm has a market cap of £187.35 million, a price-to-earnings ratio of 993.57 and a beta of 0.60.

Warpaint London (LON:W7L) last posted its earnings results on Wednesday, September 10th. The company reported GBX 8.52 EPS for the quarter. Warpaint London had a return on equity of 35.04% and a net margin of 17.35%. As a group, equities research analysts forecast that Warpaint London PLC will post 25.1837335 earnings per share for the current fiscal year.

About Warpaint London

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.