Loungers plc (LON:LGRS – Get Free Report)’s share price dropped 1.5% during mid-day trading on Tuesday . The stock traded as low as GBX 254 ($3.30) and last traded at GBX 255 ($3.31). Approximately 18,838 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 99,313 shares. The stock had previously closed at GBX 259 ($3.36).
Loungers Stock Performance
The company has a quick ratio of 0.44, a current ratio of 0.26 and a debt-to-equity ratio of 109.36. The stock has a market cap of £252.48 million, a price-to-earnings ratio of 2,700.00, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56. The company’s 50-day simple moving average is GBX 273.73 and its 200-day simple moving average is GBX 267.79.
About Loungers
Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.
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