Loungers (LON:LGRS) Sets New 12-Month High – Still a Buy?

Loungers plc (LON:LGRSGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 318 ($4.04) and last traded at GBX 304.15 ($3.86), with a volume of 636996 shares trading hands. The stock had previously closed at GBX 304 ($3.86).

Loungers Stock Performance

The stock has a fifty day moving average price of GBX 255.42 and a 200-day moving average price of GBX 269.66. The firm has a market cap of £316.01 million, a price-to-earnings ratio of 3,377.78, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56. The company has a quick ratio of 0.44, a current ratio of 0.26 and a debt-to-equity ratio of 109.36.

Loungers Company Profile

(Get Free Report)

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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