Lords Group Trading (LON:LORD) Sets New 12-Month Low – What’s Next?

Shares of Lords Group Trading plc (LON:LORD) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 12.25 and last traded at GBX 12.25, with a volume of 15274 shares. The stock had previously closed at GBX 12.38.

Wall Street Analysts Forecast Growth

LORD has been the topic of several recent analyst reports. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 19 target price on shares of Lords Group Trading in a research note on Wednesday, May 20th. Berenberg Bank decreased their price target on Lords Group Trading from GBX 65 to GBX 50 and set a “buy” rating for the company in a research note on Thursday, July 30th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 34.50.

Lords Group Trading Price Performance

The business’s 50-day simple moving average is GBX 14.40 and its 200 day simple moving average is GBX 17.09. The company has a market capitalization of £19.45 million, a P/E ratio of -4.37 and a beta of 1.28. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 245.10.

Lords Group Trading Company Profile

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.