Loungers (LON:LGRS) Trading Down 0.6% – Should You Sell?

Loungers plc (LON:LGRSGet Free Report)’s share price dropped 0.6% on Wednesday . The stock traded as low as GBX 236 ($3.04) and last traded at GBX 236.65 ($3.05). Approximately 40,350 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 96,725 shares. The stock had previously closed at GBX 238 ($3.06).

Loungers Stock Up 0.3 %

The stock has a market capitalization of £242.92 million, a price-to-earnings ratio of 2,600.00, a PEG ratio of 0.99 and a beta of 1.56. The company has a debt-to-equity ratio of 109.36, a current ratio of 0.26 and a quick ratio of 0.44. The business has a fifty day moving average of GBX 264.87 and a 200 day moving average of GBX 271.40.

Loungers Company Profile

(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.

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