Loungers plc (LON:LGRS – Get Free Report)’s share price dropped 3.3% during trading on Tuesday . The company traded as low as GBX 206 ($2.56) and last traded at GBX 206 ($2.56). Approximately 53,118 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 91,022 shares. The stock had previously closed at GBX 213 ($2.65).
Loungers Trading Down 3.3 %
The business has a fifty day moving average price of GBX 211.32 and a 200 day moving average price of GBX 211.01. The company has a market capitalization of £213.73 million, a PE ratio of 2,942.86, a P/E/G ratio of 0.96 and a beta of 1.50. The company has a debt-to-equity ratio of 109.07, a quick ratio of 0.44 and a current ratio of 0.19.
About Loungers
Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.
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