Likewise Group (LON:LIKE) Trading Down 4.1% – Here’s What Happened

Shares of Likewise Group Plc (LON:LIKE) were down 4.1% during trading on Friday . The company traded as low as GBX 17 ($0.22) and last traded at GBX 17.50 ($0.23). 146,910 shares were traded during trading, a decline of 39% from the average session volume of 242,480 shares. The stock had previously closed at GBX 18.25 ($0.24).

Likewise Group Stock Performance

The stock has a market cap of £41.70 million, a price-to-earnings ratio of 41.24 and a beta of 0.85. The company’s fifty day simple moving average is GBX 19.02 and its two-hundred day simple moving average is GBX 17.71. The company has a debt-to-equity ratio of 36.11, a current ratio of 1.10 and a quick ratio of 0.67.

Insider Transactions at Likewise Group

In related news, insider Andrew Simpson sold 1,397,135 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of GBX 19 ($0.25), for a total value of £265,455.65 ($343,587.43). 37.49% of the stock is currently owned by insiders.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to Retailers and Contractors through it’s seven Distribution Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Sudbury and Peckham.

With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, Likewise has in 3 years established a business with over 2,600 customers and currently employees c.260 employees.