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

Lords Group Trading plc (LON:LORD)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 32 ($0.40) and last traded at GBX 32.57 ($0.41), with a volume of 272536 shares. The stock had previously closed at GBX 33.10 ($0.41).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 90 ($1.12) price target on shares of Lords Group Trading in a report on Monday, October 7th.

Lords Group Trading Price Performance

The business has a 50 day simple moving average of GBX 34.85 and a two-hundred day simple moving average of GBX 38.41. The firm has a market capitalization of £53.08 million, a P/E ratio of -3,200.00 and a beta of 1.18. The company has a debt-to-equity ratio of 190.06, a quick ratio of 0.77 and a current ratio of 1.31.

About Lords Group Trading

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.