Lords Group Trading (LON:LORD) Trading Up 0.2% – Should You Buy?

Lords Group Trading plc (LON:LORD) shares were up 0.2% during mid-day trading on Wednesday . The stock traded as high as GBX 25 and last traded at GBX 24.55. Approximately 60,041 shares were traded during trading, a decline of 66% from the average daily volume of 174,257 shares. The stock had previously closed at GBX 24.50.

Analysts Set New Price Targets

Separately, Berenberg Bank started coverage on shares of Lords Group Trading in a research report on Tuesday, January 27th. They issued a “buy” rating and a GBX 65 price objective on the stock. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Lords Group Trading has an average rating of “Buy” and a consensus price target of GBX 65.

Lords Group Trading Stock Performance

The company has a market capitalization of £40.81 million, a price-to-earnings ratio of -17.05 and a beta of 1.18. The firm has a 50-day simple moving average of GBX 23.70 and a two-hundred day simple moving average of GBX 29.62. The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 196.86.

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.