Loungers (LON:LGRS) Shares Up 0.3% - What's Next?

Loungers plc (LON:LGRS - Get Free Report)'s share price traded up 0.3% during mid-day trading on Friday . The company traded as high as GBX 308 ($3.87) and last traded at GBX 305.02 ($3.83). 229,343 shares traded hands during mid-day trading, an increase of 59% from the average session volume of 144,476 shares. The stock had previously closed at GBX 304 ($3.82).

Loungers Trading Up 0.3 %

The business's 50-day moving average is GBX 265.77 and its 200 day moving average is GBX 272.63. The firm has a market capitalization of £316.92 million, a P/E ratio of 3,389.13, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56. The company has a debt-to-equity ratio of 109.36, a current ratio of 0.26 and a quick ratio of 0.44.

About Loungers

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.

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