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

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

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 40 price objective on shares of Lords Group Trading in a report on Wednesday, September 30th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 29.50.

Lords Group Trading Stock Down 2.5%

The stock has a market cap 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 has a 50-day simple moving average of GBX 12.41 and a two-hundred day simple moving average of GBX 17.09.

Lords Group Trading (LON:LORD) last posted its quarterly earnings results on Wednesday, September 30th. The company reported GBX (0.70) EPS for the quarter. Lords Group Trading had a negative net margin of 2.14% and a negative return on equity of 26.48%. On average, equities analysts forecast that Lords Group Trading plc will post 3.60 EPS for the current year.

About Lords Group Trading

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.