Likewise Group (LON:LIKE) Shares Climb 1% – Still a Buy?

Shares of Likewise Group Plc (LON:LIKE) rose 1% during mid-day trading on Tuesday. The stock traded as high as GBX 35.20 and last traded at GBX 34.60. 706,657 shares were traded during mid-day trading, an increase of 19% from the average session volume of 593,964 shares. The stock had previously closed at GBX 34.25.

Likewise Group Stock Performance

The firm has a market capitalization of £123.81 million, a PE ratio of 99.71 and a beta of 1.08. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 73.95. The business’s 50 day simple moving average is GBX 32.67 and its two-hundred day simple moving average is GBX 27.85.

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.