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

Lords Group Trading plc (LON:LORD)’s stock price hit a new 52-week low during mid-day 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. The stock had previously closed at GBX 11.75.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 40 target price on shares of Lords Group Trading in a research note on Wednesday, September 30th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Lords Group Trading has an average rating of “Moderate Buy” and an average target price of GBX 29.50.

Lords Group Trading Price Performance

The stock has a market capitalization of £19.12 million, a price-to-earnings ratio of -1.88 and a beta of 1.32. The firm has a 50-day moving average of GBX 12.31 and a 200 day moving average of GBX 16.91. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 298.81.

Lords Group Trading (LON:LORD) last announced its earnings results on Wednesday, September 30th. The company reported GBX (0.70) earnings per share 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, sell-side analysts anticipate that Lords Group Trading plc will post 3.60 earnings per share for the current 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.