Likewise Group (LON:LIKE) Reaches New 52-Week High – Time to Buy?

Likewise Group Plc (LON:LIKE) hit a new 52-week high on Wednesday. The company traded as high as GBX 48 and last traded at GBX 45, with a volume of 5,246,331 shares trading hands. The stock had previously closed at GBX 46.20.

Likewise Group Price Performance

The firm has a market capitalization of £164.35 million, a price-to-earnings ratio of 80.36 and a beta of 1.17. The company has a fifty day moving average price of GBX 37.16 and a two-hundred day moving average price of GBX 29.07. The company has a quick ratio of 0.67, a current ratio of 1.04 and a debt-to-equity ratio of 78.59.

Likewise Group (LON:LIKE) last announced its earnings results on Monday, September 28th. The company reported GBX 0.32 EPS for the quarter. Likewise Group had a net margin of 0.84% and a return on equity of 3.23%. On average, equities research analysts expect that Likewise Group Plc will post 1.10 EPS for the current fiscal year.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its thirteen Distribution and Logistics Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Newbury, Sidcup, Sudbury, Erith, Derby, Newport and Plymouth.

With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, In its formative five year journey, it has established a business with over 7,000 customers and currently employees c.580 employees.