Likewise Group (LON:LIKE) Trading Up 12.3% – Here’s What Happened

Likewise Group Plc (LON:LIKE)’s share price shot up 12.3% during mid-day trading on Monday . The stock traded as high as GBX 36 and last traded at GBX 35.50. 3,342,798 shares changed hands during mid-day trading, an increase of 744% from the average session volume of 395,979 shares. The stock had previously closed at GBX 31.60.

Likewise Group Stock Up 12.3%

The business has a fifty day moving average of GBX 27.72 and a 200-day moving average of GBX 25.10. The stock has a market cap of £88.64 million, a PE ratio of 104.41 and a beta of 1.08. The company has a debt-to-equity ratio of 73.95, a current ratio of 1.06 and a quick ratio of 0.67.

Likewise Group (LON:LIKE) last issued its earnings results on Tuesday, April 28th. The company reported GBX 0.36 earnings per share (EPS) for the quarter. Likewise Group had a net margin of 0.54% and a return on equity of 2.10%. The company had revenue of £163.10 million for the quarter. Equities research analysts anticipate that Likewise Group Plc will post 1.1006289 earnings per share for the current year.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its thirteen 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.580 employees.