Loungers’ (LGRS) “Buy” Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of Loungers (LON:LGRS) in a report issued on Wednesday morning, LSE.Co.UK reports.

Loungers Stock Up 3.3 %

LGRS stock opened at GBX 254 ($3.19) on Wednesday. The firm has a market cap of £263.53 million, a PE ratio of 3,514.29, a PEG ratio of 0.96 and a beta of 1.50. The company has a debt-to-equity ratio of 109.07, a quick ratio of 0.44 and a current ratio of 0.19. The firm’s 50 day moving average price is GBX 213.19 and its 200-day moving average price is GBX 213.64. Loungers has a one year low of GBX 178 ($2.24) and a one year high of GBX 254 ($3.19).

About Loungers

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.