Loungers plc (LON:LGRS – Get Free Report)’s stock price rose 29.3% during mid-day trading on Thursday . The stock traded as high as GBX 310 ($3.95) and last traded at GBX 307.85 ($3.92). Approximately 558,787 shares changed hands during trading, an increase of 451% from the average daily volume of 101,408 shares. The stock had previously closed at GBX 238 ($3.03).
Loungers Price Performance
The company has a debt-to-equity ratio of 109.36, a current ratio of 0.26 and a quick ratio of 0.44. The firm has a 50-day moving average of GBX 256.03 and a 200-day moving average of GBX 269.90. The stock has a market cap of £315.86 million, a PE ratio of 3,377.78, a PEG ratio of 0.99 and a beta of 1.56.
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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