Likewise Group (LON:LIKE) Stock Price Up 14.6% – Still a Buy?

Likewise Group Plc (LON:LIKE) rose 14.6% on Tuesday . The company traded as high as GBX 35 and last traded at GBX 33.80. Approximately 2,246,069 shares were traded during mid-day trading, an increase of 514% from the average session volume of 365,738 shares. The stock had previously closed at GBX 29.50.

Likewise Group Stock Performance

The firm’s 50 day simple moving average is GBX 27.45 and its 200-day simple moving average is GBX 24.97. The company has a debt-to-equity ratio of 73.95, a quick ratio of 0.67 and a current ratio of 1.06. The company has a market capitalization of £78.38 million, a price-to-earnings ratio of 92.32 and a beta of 1.08.

Likewise Group (LON:LIKE) last issued its quarterly earnings data 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 firm had revenue of £163.10 million during the quarter. Analysts expect that Likewise Group Plc will post 1.1006289 EPS for the current year.

Likewise Group Company Profile

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.