Warpaint London (LON:W7L) Shares Down 0.7% – Here’s Why

Warpaint London PLC (LON:W7L)’s share price dropped 0.7% during mid-day trading on Wednesday . The stock traded as low as GBX 307 ($4.13) and last traded at GBX 309.75 ($4.17). Approximately 227,927 shares traded hands during trading, a decline of 31% from the average daily volume of 328,607 shares. The stock had previously closed at GBX 312 ($4.20).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Warpaint London in a research report on Tuesday, June 17th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Warpaint London currently has an average rating of “Buy” and a consensus price target of GBX 680.

Warpaint London Price Performance

The company has a current ratio of 3.46, a quick ratio of 1.56 and a debt-to-equity ratio of 2.55. The business has a 50-day moving average price of GBX 395.41 and a 200 day moving average price of GBX 400.56. The stock has a market cap of £245.50 million, a PE ratio of 13.73 and a beta of 0.60.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.