Warpaint London (LON:W7L) Trading Up 4.3% – Here’s What Happened

Warpaint London PLC (LON:W7L) shares were up 4.3% on Tuesday . The company traded as high as GBX 199.12 and last traded at GBX 196. Approximately 307,929 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 416,720 shares. The stock had previously closed at GBX 188.

Analysts Set New Price Targets

A number of research firms have commented on W7L. Shore Capital Group reiterated a “house stock” rating on shares of Warpaint London in a research report on Tuesday, June 16th. Berenberg Bank cut their price target on Warpaint London from GBX 510 to GBX 470 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Warpaint London presently has an average rating of “Buy” and an average price target of GBX 455.

Warpaint London Stock Up 4.3%

The company has a debt-to-equity ratio of 12.22, a current ratio of 7.45 and a quick ratio of 1.56. The firm has a 50-day simple moving average of GBX 199.33 and a two-hundred day simple moving average of GBX 203.24. The company has a market cap of £158.34 million, a PE ratio of 11.05 and a beta of 0.44.

Warpaint London (LON:W7L) last released its quarterly earnings results on Wednesday, April 29th. The company reported GBX 16.68 earnings per share for the quarter. Warpaint London had a return on equity of 18.66% and a net margin of 13.66%.The company had revenue of £105.08 million during the quarter. Research analysts anticipate that Warpaint London PLC will post 25.1837335 earnings per share for the current fiscal year.

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. Warpaint London PLC sells its products to retailers, distributors, supermarkets, and retail chains, as well as through online. The company operates in the United Kingdom, rest of Europe, Spain, Denmark, the United States, Australia, New Zealand, and internationally.