Lords Group Trading (LON:LORD) Reaches New 52-Week Low - Here's What Happened

Lords Group Trading plc (LON:LORD - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 36 ($0.47) and last traded at GBX 37.70 ($0.49), with a volume of 531546 shares. The stock had previously closed at GBX 37 ($0.48).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 90 ($1.18) price target on shares of Lords Group Trading in a research note on Tuesday, September 10th.

Lords Group Trading Stock Performance

The firm's fifty day moving average is GBX 42.10 and its 200-day moving average is GBX 44.68. The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 190.06. The stock has a market capitalization of £63.03 million, a PE ratio of -3,770.00 and a beta of 1.18.

Lords Group Trading Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 19th will be issued a GBX 0.32 ($0.00) dividend. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 0.82%. Lords Group Trading's dividend payout ratio is currently -20,000.00%.

Lords Group Trading Company Profile

Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers. The company operates in two divisions, Merchanting; and Plumbing and Heating. It also distributes heating and plumbing products to a network of independent merchants, installers, and general public.