Likewise Group (LON:LIKE) Trading Up 4.3% – Here’s What Happened

Shares of Likewise Group Plc (LON:LIKE) shot up 4.3% on Monday . The stock traded as high as GBX 31 and last traded at GBX 30.50. 4,140,596 shares changed hands during trading, an increase of 753% from the average session volume of 485,621 shares. The stock had previously closed at GBX 29.25.

Likewise Group Price Performance

The company’s 50-day moving average is GBX 30.30 and its 200-day moving average is GBX 26.04. The firm has a market capitalization of £76.17 million, a price-to-earnings ratio of 89.69 and a beta of 1.09. The company has a debt-to-equity ratio of 73.95, a current ratio of 1.06 and a quick ratio of 0.67.

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.