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

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

Loungers Price Performance

The stock’s fifty day moving average is GBX 307.24 and its 200-day moving average is GBX 280.81. The stock has a market capitalization of £335.80 million, a PE ratio of 3,591.11, a P/E/G 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.

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

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