Likewise Group (LON:LIKE) Stock Price Down 4% – Here’s What Happened

Likewise Group Plc (LON:LIKE) shares dropped 4% on Wednesday . The stock traded as low as GBX 24 and last traded at GBX 24. Approximately 2,997 shares were traded during trading, a decline of 99% from the average daily volume of 382,623 shares. The stock had previously closed at GBX 25.

Likewise Group Price Performance

The firm has a fifty day moving average of GBX 24.05 and a 200 day moving average of GBX 25.26. The company has a market capitalization of £59.82 million, a P/E ratio of 45.28 and a beta of 0.85. The company has a current ratio of 1.10, a quick ratio of 0.67 and a debt-to-equity ratio of 36.11.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its twelve 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.560 employees.