Lords Group Trading (LON:LORD) Trading 0.6% Higher – Still a Buy?

Lords Group Trading plc (LON:LORD)’s share price was up 0.6% on Friday . The stock traded as high as GBX 13.49 and last traded at GBX 13.46. Approximately 194,445 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 222,674 shares. The stock had previously closed at GBX 13.38.

Analyst Ratings Changes

Several research firms have recently commented on LORD. Berenberg Bank decreased their target price on Lords Group Trading from GBX 65 to GBX 50 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Stifel Nicolaus reissued a “hold” rating and set a GBX 19 price target on shares of Lords Group Trading in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 34.50.

Lords Group Trading Trading Up 0.6%

The company has a debt-to-equity ratio of 245.10, a quick ratio of 0.77 and a current ratio of 1.18. The company has a market capitalization of £22.38 million, a price-to-earnings ratio of -5.02 and a beta of 1.27. The firm has a fifty day moving average price of GBX 14.84 and a 200-day moving average price of GBX 17.79.

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.