Lords Group Trading (LON:LORD) Stock Price Down 2.6% – Here’s What Happened

Lords Group Trading plc (LON:LORD)’s share price fell 2.6% during trading on Tuesday . The stock traded as low as GBX 30.20 ($0.38) and last traded at GBX 30.20 ($0.38). 81,200 shares were traded during mid-day trading, a decline of 8% from the average session volume of 87,821 shares. The stock had previously closed at GBX 31 ($0.39).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their price objective on shares of Lords Group Trading from GBX 90 ($1.14) to GBX 80 ($1.01) and set a “buy” rating on the stock in a report on Tuesday, January 28th.

Lords Group Trading Trading Up 1.5 %

The company has a quick ratio of 0.77, a current ratio of 1.31 and a debt-to-equity ratio of 196.86. The stock has a market capitalization of £49.42 million, a PE ratio of -27.54 and a beta of 1.18. The business’s 50-day moving average is GBX 33.18 and its two-hundred day moving average is GBX 37.20.

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.