Warpaint London (LON:W7L) Trading 9.3% Higher – Here’s Why

Warpaint London PLC (LON:W7L)’s share price rose 9.3% during trading on Friday . The stock traded as high as GBX 275 and last traded at GBX 270. Approximately 1,144,168 shares were traded during trading, an increase of 80% from the average daily volume of 635,930 shares. The stock had previously closed at GBX 247.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 510 price objective on shares of Warpaint London in a report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 475.

Warpaint London Stock Up 10.1%

The stock has a market cap of £219.74 million, a P/E ratio of 13.78 and a beta of 0.60. The company has a current ratio of 3.46, a quick ratio of 1.56 and a debt-to-equity ratio of 2.55. The firm’s fifty day moving average is GBX 202.22 and its 200 day moving average is GBX 226.79.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services. Warpaint London PLC sells its products to retailers, distributors, supermarkets, and retail chains, as well as through online. The company operates in the United Kingdom, rest of Europe, Spain, Denmark, the United States, Australia, New Zealand, and internationally.