Lords Group Trading (LON:LORD) Trading Up 1.3% – What’s Next?

Lords Group Trading plc (LON:LORD)’s stock price rose 1.3% on Wednesday . The stock traded as high as GBX 38.99 ($0.51) and last traded at GBX 38.20 ($0.50). Approximately 49,471 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 82,536 shares. The stock had previously closed at GBX 37.70 ($0.49).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 90 ($1.17) price objective on shares of Lords Group Trading in a report on Monday, October 7th.

Lords Group Trading Stock Performance

The stock’s fifty day simple moving average is GBX 39.14 and its 200-day simple moving average is GBX 42.75. The company has a market capitalization of £63.37 million, a PE ratio of -3,820.00 and a beta of 1.18. The company has a quick ratio of 0.77, a current ratio of 1.31 and a debt-to-equity ratio of 190.06.

Lords Group Trading Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 11th. Investors of record on Thursday, September 19th were issued a dividend of GBX 0.32 ($0.00) per share. The ex-dividend date was Thursday, September 19th. This represents a yield of 0.82%. Lords Group Trading’s dividend payout ratio is presently -20,000.00%.

Lords Group Trading Company Profile

Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers. The company operates in two divisions, Merchanting; and Plumbing and Heating. It also distributes heating and plumbing products to a network of independent merchants, installers, and general public.