Lords Group Trading (LON:LORD) Reaches New 12-Month Low – Here’s What Happened

Lords Group Trading plc (LON:LORD) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 26 ($0.34) and last traded at GBX 26.59 ($0.35), with a volume of 66011 shares trading hands. The stock had previously closed at GBX 26.50 ($0.34).

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price target on shares of Lords Group Trading from GBX 90 ($1.17) to GBX 80 ($1.04) and set a “buy” rating for the company in a research note on Tuesday, January 28th.

Lords Group Trading Stock Up 0.3 %

The firm’s 50 day simple moving average is GBX 31.02 and its 200-day simple moving average is GBX 34.98. The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 196.86. The stock has a market capitalization of £42.46 million, a price-to-earnings ratio of -23.66 and a beta of 1.18.

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.