Lords Group Trading (LON:LORD) Stock Price Down 1.2% – Should You Sell?

Lords Group Trading plc (LON:LORD) fell 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 traded 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.

Analysts Set New Price Targets

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

Lords Group Trading Stock Down 1.2%

The stock has a fifty day moving average of GBX 23.30 and a 200-day moving average of GBX 32.33. The firm has a market capitalization of £37.62 million, a price-to-earnings ratio of -15.72 and a beta of 1.18. The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 196.86.

Insider Activity

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