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

Shares of Lords Group Trading plc (LON:LORD) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 33 ($0.42) and last traded at GBX 34 ($0.43), with a volume of 34164 shares. The stock had previously closed at GBX 34.50 ($0.44).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 90 ($1.14) target price on shares of Lords Group Trading in a report on Monday, October 7th.

Lords Group Trading Stock Performance

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 company has a market capitalization of £56.40 million, a price-to-earnings ratio of -3,450.00 and a beta of 1.18. The firm has a 50-day simple moving average of GBX 36.39 and a two-hundred day simple moving average of GBX 40.34.

Lords Group Trading Company Profile

Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers. The company operates in two divisions, Merchanting; and Plumbing and Heating. It also distributes heating and plumbing products to a network of independent merchants, installers, and general public.