Likewise Group (LON:LIKE) Shares Up 12.3% – Here’s Why

Shares of Likewise Group Plc (LON:LIKE) traded up 12.3% on Monday . The stock traded as high as GBX 36 and last traded at GBX 35.50. 3,342,798 shares traded hands during trading, an increase of 744% from the average daily volume of 395,979 shares. The stock had previously closed at GBX 31.60.

Likewise Group Stock Performance

The firm’s 50 day moving average is GBX 27.72 and its 200-day moving average is GBX 25.10. The stock has a market capitalization of £88.64 million, a price-to-earnings ratio of 104.41 and a beta of 1.08. The company has a debt-to-equity ratio of 73.95, a quick ratio of 0.67 and a current ratio of 1.06.

Likewise Group (LON:LIKE) last posted its quarterly earnings data on Tuesday, April 28th. The company reported GBX 0.36 EPS for the quarter. The business had revenue of £163.10 million during the quarter. Likewise Group had a return on equity of 2.10% and a net margin of 0.54%. Analysts forecast that Likewise Group Plc will post 1.1006289 earnings per share for the current fiscal year.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its thirteen Distribution and Logistics Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Newbury, Sidcup, Sudbury, Erith, Derby, Newport and Plymouth.

With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, In its formative five year journey, it has established a business with over 7,000 customers and currently employees c.580 employees.