Likewise Group (LON:LIKE) Stock Price Up 10.8% – Time to Buy?

Likewise Group Plc (LON:LIKE)’s share price was up 10.8% during trading on Tuesday . The stock traded as high as GBX 35.60 and last traded at GBX 35.10. 6,150,865 shares traded hands during mid-day trading, an increase of 1,012% from the average daily volume of 553,208 shares. The stock had previously closed at GBX 31.67.

Likewise Group Price Performance

The stock’s 50-day simple moving average is GBX 31.22 and its 200 day simple moving average is GBX 26.61. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 73.95. The company has a market cap of £87.67 million, a price-to-earnings ratio of 103.24 and a beta of 1.09.

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.