Loungers (LON:LGRS) Stock Price Down 0.6% – Here’s What Happened

Loungers plc (LON:LGRSGet Free Report) dropped 0.6% during mid-day trading on Friday . The stock traded as low as GBX 306 ($3.74) and last traded at GBX 306.11 ($3.74). Approximately 45,862 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 70,544 shares. The stock had previously closed at GBX 308 ($3.76).

Loungers Stock Down 0.6 %

The company has a current ratio of 0.26, a quick ratio of 0.44 and a debt-to-equity ratio of 109.36. The stock has a market cap of £318.05 million, a price-to-earnings ratio of 3,401.22, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56. The business’s fifty day simple moving average is GBX 279.38 and its 200 day simple moving average is GBX 275.51.

About Loungers

(Get Free Report)

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.

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