Likewise Group (LON:LIKE) Trading 14.6% Higher – Time to Buy?

Likewise Group Plc (LON:LIKE) traded up 14.6% during mid-day trading on Tuesday . The company traded as high as GBX 35 and last traded at GBX 33.80. Approximately 2,246,069 shares were traded during trading, an increase of 514% from the average session volume of 365,738 shares. The stock had previously closed at GBX 29.50.

Likewise Group Trading Up 14.6%

The firm has a market capitalization of £84.40 million, a price-to-earnings ratio of 99.41 and a beta of 1.08. The company has a debt-to-equity ratio of 73.95, a quick ratio of 0.67 and a current ratio of 1.06. The company has a 50-day moving average price of GBX 27.13 and a 200-day moving average price of GBX 24.81.

Likewise Group (LON:LIKE) last issued its earnings results on Tuesday, April 28th. The company reported GBX 0.36 earnings per share for the quarter. The business had revenue of £163.10 million for the quarter. Likewise Group had a return on equity of 2.10% and a net margin of 0.54%. As a group, research analysts forecast that Likewise Group Plc will post 1.1006289 EPS for the current fiscal year.

Likewise Group Company Profile

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its thirteen Distribution and Logistics Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Newbury, Sidcup, Sudbury, Erith, Derby, Newport and Plymouth.

With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, In its formative five year journey, it has established a business with over 7,000 customers and currently employees c.580 employees.