Warpaint London (LON:W7L) Shares Down 2.5% – Here’s Why

Warpaint London PLC (LON:W7L)’s share price fell 2.5% during mid-day trading on Thursday . The company traded as low as GBX 191.50 and last traded at GBX 195. 212,139 shares changed hands during trading, a decline of 47% from the average session volume of 402,848 shares. The stock had previously closed at GBX 200.

Analyst Upgrades and Downgrades

Several research analysts have commented on W7L shares. Royal Bank Of Canada decreased their price objective on shares of Warpaint London from GBX 700 to GBX 440 and set an “outperform” rating for the company in a report on Tuesday, October 7th. Shore Capital reiterated a “house stock” rating on shares of Warpaint London in a research report on Wednesday, September 10th. Finally, Berenberg Bank decreased their price target on shares of Warpaint London from GBX 700 to GBX 510 and set a “buy” rating for the company in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 475.

Warpaint London Stock Performance

The company has a quick ratio of 1.56, a current ratio of 3.46 and a debt-to-equity ratio of 2.55. The firm has a market cap of £157.53 million, a P/E ratio of 9.88 and a beta of 0.60. The business has a fifty day simple moving average of GBX 208.40 and a 200-day simple moving average of GBX 298.78.

About Warpaint London

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.