Warpaint London (LON:W7L) Shares Up 9.3% – Still a Buy?

Shares of Warpaint London PLC (LON:W7L) rose 9.3% during trading on Friday . The stock traded as high as GBX 275 and last traded at GBX 270. Approximately 1,144,168 shares changed hands during trading, an increase of 80% from the average daily volume of 635,930 shares. The stock had previously closed at GBX 247.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 510 price objective on shares of Warpaint London in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Warpaint London has an average rating of “Buy” and an average target price of GBX 475.

Warpaint London Trading Up 10.1%

The stock has a market cap of £219.74 million, a price-to-earnings ratio of 13.78 and a beta of 0.60. The business has a 50-day simple moving average of GBX 200.78 and a two-hundred day simple moving average of GBX 228.32. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.56 and a current ratio of 3.46.

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. Warpaint London PLC sells its products to retailers, distributors, supermarkets, and retail chains, as well as through online. The company operates in the United Kingdom, rest of Europe, Spain, Denmark, the United States, Australia, New Zealand, and internationally.