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Loungers (LON:LGRS) Hits New 52-Week High - Still a Buy?

Loungers logo with Consumer Cyclical background

Loungers plc (LON:LGRS - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 326 ($4.04) and last traded at GBX 326 ($4.04), with a volume of 20839 shares. The stock had previously closed at GBX 323.06 ($4.01).

Loungers Price Performance

The company has a debt-to-equity ratio of 109.36, a quick ratio of 0.44 and a current ratio of 0.26. The company's fifty day moving average price is GBX 310.93 and its 200 day moving average price is GBX 281.40. The firm has a market capitalization of £338.71 million, a price-to-earnings ratio of 3,622.22, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56.

Loungers (LON:LGRS - Get Free Report) last issued its earnings results on Thursday, November 28th. The company reported GBX 4 ($0.05) EPS for the quarter. Loungers had a return on equity of 6.06% and a net margin of 2.58%. Equities research analysts expect that Loungers plc will post 12.2759857 earnings per share for the current year.

About Loungers

(Get Free Report)

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.

Further Reading

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