Lords Group Trading (LON:LORD) Sets New 52-Week Low – Time to Sell?

Lords Group Trading plc (LON:LORD)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 14.50 and last traded at GBX 14.90, with a volume of 314219 shares. The stock had previously closed at GBX 16.50.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on LORD shares. Berenberg Bank reiterated a “buy” rating and set a GBX 65 price objective on shares of Lords Group Trading in a research note on Wednesday, May 20th. Stifel Nicolaus reissued a “hold” rating and issued a GBX 19 price target on shares of Lords Group Trading in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Lords Group Trading presently has an average rating of “Moderate Buy” and an average price target of GBX 42.

Lords Group Trading Price Performance

The business has a fifty day moving average price of GBX 17.36 and a 200 day moving average price of GBX 20.67. The company has a debt-to-equity ratio of 245.10, a current ratio of 1.18 and a quick ratio of 0.77. The company has a market capitalization of £24.77 million, a price-to-earnings ratio of -5.56 and a beta of 1.29.

Lords Group Trading (LON:LORD) last released its earnings results on Wednesday, May 20th. The company reported GBX (3.82) EPS for the quarter. Lords Group Trading had a negative net margin of 0.93% and a negative return on equity of 10.04%. The company had revenue of £472.80 million for the quarter. On average, research analysts expect that Lords Group Trading plc will post 3.6 earnings per share for the current fiscal year.

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.