Likewise Group (LON:LIKE) Stock Jumps 9.7% – Here’s What Happened

Likewise Group Plc (LON:LIKE) shares traded up 9.7% during mid-day trading on Wednesday. The stock traded as high as GBX 40.30 and last traded at GBX 39.50. 8,490,200 shares traded hands during trading, an increase of 1,111% from the average session volume of 701,264 shares. The stock had previously closed at GBX 36.

Likewise Group Stock Performance

The stock has a market cap of £144.26 million, a price-to-earnings ratio of 70.54 and a beta of 1.08. The company has a debt-to-equity ratio of 78.59, a current ratio of 1.04 and a quick ratio of 0.67. The stock’s 50-day moving average is GBX 32.78 and its 200-day moving average is GBX 28.62.

Likewise Group (LON:LIKE) last released its quarterly earnings data on Monday, September 28th. The company reported GBX 0.32 EPS for the quarter. Likewise Group had a return on equity of 3.23% and a net margin of 0.84%. Analysts anticipate that Likewise Group Plc will post 1.1006289 EPS for the current fiscal year.

Likewise Group Company Profile

Likewise is a distributor of Residential and Commercial Flooring to independent retailers and contractors via its thirteen 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.580 employees.