Lords Group Trading (LON:LORD) Stock Price Up 2% – Time to Buy?

Posted by William Tyler on Dec 5th, 2024

Lords Group Trading plc (LON:LORD – Get Free Report) shares shot up 2% during mid-day trading on Tuesday . The company traded as high as GBX 36.94 ($0.47) and last traded at GBX 36.94 ($0.47). 29,869 shares were traded during mid-day trading, a decline of 63% from the average session volume of 80,764 shares. The stock had previously closed at GBX 36.20 ($0.46).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 90 ($1.14) price target on shares of Lords Group Trading in a research report on Monday, October 7th.

View Our Latest Research Report on LORD

Lords Group Trading Price Performance

The company has a market cap of £60.55 million, a P/E ratio of -3,650.00 and a beta of 1.18. The company’s 50-day moving average price is GBX 37.06 and its two-hundred day moving average price is GBX 41.09. The company has a current ratio of 1.31, a quick ratio of 0.77 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 GBX 0.32 ($0.00) dividend. This represents a yield of 0.82%. The ex-dividend date of this dividend was Thursday, September 19th. Lords Group Trading’s dividend payout ratio is currently -20,000.00%.

Lords Group Trading Company Profile

(Get Free Report)

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.