Lords Group Trading (LON:LORD) Stock Price Up 1.4% – What’s Next?

Lords Group Trading plc (LON:LORD)’s stock price rose 1.4% during mid-day trading on Tuesday . The stock traded as high as GBX 38 ($0.47) and last traded at GBX 36 ($0.44). Approximately 238,056 shares traded hands during trading, an increase of 76% from the average daily volume of 135,410 shares. The stock had previously closed at GBX 35.50 ($0.44).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 90 ($1.11) price target on shares of Lords Group Trading in a report on Monday, October 7th.

Lords Group Trading Price Performance

The stock has a 50 day moving average of GBX 35.69 and a two-hundred day moving average of GBX 39. The company has a debt-to-equity ratio of 190.06, a quick ratio of 0.77 and a current ratio of 1.31. The firm has a market capitalization of £59.52 million, a P/E ratio of -3,588.00 and a beta of 1.18.

Lords Group Trading Company Profile

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.