Lords Group Trading (LON:LORD) Hits New 1-Year Low – Here’s What Happened

Lords Group Trading plc (LON:LORD) reached a new 52-week low on Monday . The company traded as low as GBX 27 ($0.35) and last traded at GBX 27 ($0.35), with a volume of 71751 shares. The stock had previously closed at GBX 28 ($0.36).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on Lords Group Trading from GBX 90 ($1.16) to GBX 80 ($1.03) and set a “buy” rating on the stock in a research report on Tuesday, January 28th.

Lords Group Trading Price Performance

The company has a market capitalization of £43.12 million, a price-to-earnings ratio of -24.02 and a beta of 1.18. The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 196.86. The company’s 50 day simple moving average is GBX 32.06 and its 200-day simple moving average is GBX 35.98.

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.