Lords Group Trading (LON:LORD) Hits New 1-Year Low Following Analyst Downgrade

Lords Group Trading plc (LON:LORD) reached a new 52-week low during mid-day trading on Tuesday after Berenberg Bank lowered their price target on the stock from GBX 40 to GBX 20. Berenberg Bank currently has a buy rating on the stock. Lords Group Trading traded as low as GBX 9 and last traded at GBX 9.50, with a volume of 335,353 shares traded. The stock had previously closed at GBX 10.05.

Lords Group Trading Stock Performance

The company has a market capitalization of £15.79 million, a price-to-earnings ratio of -1.55 and a beta of 1.32. The stock has a 50-day moving average price of GBX 12.17 and a 200-day moving average price of GBX 16.77. The company has a debt-to-equity ratio of 298.81, a current ratio of 0.96 and a quick ratio of 0.77.

Lords Group Trading (LON:LORD) last posted its earnings results on Wednesday, September 30th. The company reported GBX (0.70) earnings per share for the quarter. Lords Group Trading had a negative return on equity of 26.48% and a negative net margin of 2.14%. As a group, analysts forecast that Lords Group Trading plc will post 3.60 earnings per share for the current year.

Lords Group Trading Company Profile

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.