Likewise Group (LON:LIKE) Sets New 1-Year High – Should You Buy?

Likewise Group Plc (LON:LIKE)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 25 ($0.34) and last traded at GBX 23.50 ($0.32), with a volume of 258754 shares changing hands. The stock had previously closed at GBX 24.60 ($0.33).

Likewise Group Stock Performance

The company has a 50-day simple moving average of GBX 19 and a two-hundred day simple moving average of GBX 18.48. The company has a debt-to-equity ratio of 36.11, a quick ratio of 0.67 and a current ratio of 1.10. The firm has a market capitalization of £56.00 million, a P/E ratio of 55.38 and a beta of 0.85.

Likewise Group (LON:LIKE) last posted its quarterly earnings data on Monday, May 12th. The company reported GBX 0.30 ($0.00) earnings per share for the quarter. Likewise Group had a return on equity of 2.55% and a net margin of 0.70%. As a group, equities analysts forecast that Likewise Group Plc will post 1.1006289 EPS for the current year.

Insider Buying and Selling at Likewise Group

In other news, insider Anthony J. Brewer sold 1,000,000 shares of Likewise Group stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of GBX 17 ($0.23), for a total transaction of £170,000 ($228,802.15). Also, insider Andrew Simpson sold 1,397,135 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of GBX 19 ($0.26), for a total transaction of £265,455.65 ($357,275.44). Insiders own 37.49% of the company’s stock.

Likewise Group Company Profile

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via it’s twelve 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.500 employees.