Loungers (LON:LGRS) Sets New 1-Year High – Should You Buy?

Shares of Loungers plc (LON:LGRSGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 326 ($3.99) and last traded at GBX 320 ($3.92), with a volume of 4380451 shares changing hands. The stock had previously closed at GBX 308 ($3.77).

Loungers Stock Performance

The company has a debt-to-equity ratio of 109.36, a quick ratio of 0.44 and a current ratio of 0.26. The company has a market cap of £330.40 million, a PE ratio of 3,533.33, a PEG ratio of 0.99 and a beta of 1.56. The business’s 50-day moving average is GBX 284.17 and its 200 day moving average is GBX 276.92.

Loungers Company Profile

(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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