Likewise Group (LON:LIKE) Trading Down 8.2% – What’s Next?

Likewise Group Plc (LON:LIKE) shares were down 8.2% during trading on Wednesday . The stock traded as low as GBX 23 and last traded at GBX 25.70. Approximately 725,551 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 317,983 shares. The stock had previously closed at GBX 28.

Likewise Group Stock Performance

The company has a market cap of £63.51 million, a price-to-earnings ratio of 48.08 and a beta of 0.85. The company has a current ratio of 1.10, a quick ratio of 0.67 and a debt-to-equity ratio of 36.11. The stock’s 50 day moving average price is GBX 27.09 and its 200 day moving average price is GBX 24.88.

Likewise Group (LON:LIKE) last released its earnings results on Tuesday, September 9th. The company reported GBX 0.09 earnings per share (EPS) for the quarter. Likewise Group had a net margin of 0.70% and a return on equity of 2.55%. On average, analysts expect that Likewise Group Plc will post 1.1006289 EPS for the current fiscal year.

About Likewise Group

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via it’s twelve 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.500 employees.