Loungers (LON:LGRS) Sets New 52-Week High – Here’s Why

Loungers plc (LON:LGRSGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 326 ($4.08) and last traded at GBX 326 ($4.08), with a volume of 20839 shares trading hands. The stock had previously closed at GBX 323.06 ($4.04).

Loungers Price Performance

The stock has a fifty day moving average of GBX 307.24 and a two-hundred day moving average of GBX 280.81. The stock has a market capitalization of £335.80 million, a price-to-earnings ratio of 3,591.11, a PEG ratio of 0.99 and a beta of 1.56. The company has a current ratio of 0.26, a quick ratio of 0.44 and a debt-to-equity ratio of 109.36.

Loungers (LON:LGRSGet Free Report) last posted its earnings results on Thursday, November 28th. The company reported GBX 4 ($0.05) earnings per share (EPS) for the quarter. Loungers had a return on equity of 6.06% and a net margin of 2.58%. As a group, equities research analysts forecast that Loungers plc will post 12.2759857 earnings per share for the current year.

About Loungers

(Get Free Report)

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.

Further Reading

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