Warpaint London (LON:W7L) Stock Price Up 1.6% – Here’s Why

Warpaint London PLC (LON:W7L) shares were up 1.6% during mid-day trading on Tuesday . The stock traded as high as GBX 195 and last traded at GBX 195. Approximately 253,653 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 275,776 shares. The stock had previously closed at GBX 192.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reduced their price objective on Warpaint London from GBX 700 to GBX 440 and set an “outperform” rating for the company in a research report on Tuesday, October 7th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 475.

Warpaint London Stock Performance

The company has a current ratio of 3.46, a quick ratio of 1.56 and a debt-to-equity ratio of 2.55. The stock’s 50 day moving average price is GBX 199.79 and its 200 day moving average price is GBX 264.66. The company has a market capitalization of £157.53 million, a price-to-earnings ratio of 9.88 and a beta of 0.60.

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. Warpaint London PLC sells its products to retailers, distributors, supermarkets, and retail chains, as well as through online. The company operates in the United Kingdom, rest of Europe, Spain, Denmark, the United States, Australia, New Zealand, and internationally.