Warpaint London (LON:W7L) Trading Down 2.5% – What’s Next?

Warpaint London PLC (LON:W7L) shares were down 2.5% during mid-day trading on Thursday . The company traded as low as GBX 191.50 and last traded at GBX 195. Approximately 212,139 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 402,848 shares. The stock had previously closed at GBX 200.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on W7L shares. Shore Capital reiterated a “house stock” rating on shares of Warpaint London in a research report on Wednesday, September 10th. Royal Bank Of Canada reduced their price target on shares of Warpaint London from GBX 700 to GBX 440 and set an “outperform” rating on the stock in a research report on Tuesday, October 7th. Finally, Berenberg Bank lowered their price objective on shares of Warpaint London from GBX 700 to GBX 510 and set a “buy” rating for the company in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Warpaint London currently has a consensus rating of “Buy” and a consensus target price of GBX 475.

Warpaint London Price Performance

The stock has a market cap of £157.53 million, a PE ratio of 9.88 and a beta of 0.60. The business’s 50-day simple moving average is GBX 208.40 and its 200-day simple moving average is GBX 298.78. The company has a quick ratio of 1.56, a current ratio of 3.46 and a debt-to-equity ratio of 2.55.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.