Lords Group Trading (LON:LORD) Trading Down 1.2% – Time to Sell?

Lords Group Trading plc (LON:LORD) shares traded down 1.2% during mid-day trading on Monday . The company traded as low as GBX 22.63 and last traded at GBX 22.63. 29,525 shares changed hands during trading, a decline of 74% from the average session volume of 114,053 shares. The stock had previously closed at GBX 22.90.

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their target price on Lords Group Trading from GBX 80 to GBX 65 and set a “buy” rating on the stock in a research report on Thursday, November 13th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Lords Group Trading currently has a consensus rating of “Buy” and a consensus price target of GBX 65.

Lords Group Trading Stock Down 1.2%

The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 196.86. The business’s fifty day moving average price is GBX 23.30 and its two-hundred day moving average price is GBX 32.33. The firm has a market cap of £37.62 million, a P/E ratio of -15.72 and a beta of 1.18.

Insider Activity

In related news, insider Shanker Bhupendrabhai Patel purchased 1,400,000 shares of Lords Group Trading stock in a transaction on Monday, November 17th. The stock was bought at an average price of GBX 21 per share, with a total value of £294,000. Also, insider Stuart Kilpatrick purchased 30,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were bought at an average price of GBX 23 per share, with a total value of £6,900. 34.63% of the stock is owned by company insiders.

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.