Free Trial

Loungers (LON:LGRS) Trading Up 29.3% - Here's What Happened

Loungers logo with Consumer Cyclical background

Loungers plc (LON:LGRS - Get Free Report) rose 29.3% during trading on Thursday . The company traded as high as GBX 310 ($3.93) and last traded at GBX 307.85 ($3.90). Approximately 558,787 shares changed hands during trading, an increase of 451% from the average daily volume of 101,408 shares. The stock had previously closed at GBX 238 ($3.02).

Loungers Stock 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 stock's 50-day simple moving average is GBX 254.80 and its two-hundred day simple moving average is GBX 269.42. The stock has a market cap of £316.97 million, a price-to-earnings ratio of 3,420.56, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56.

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.

Featured Articles

Should you invest $1,000 in Loungers right now?

Before you consider Loungers, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Loungers wasn't on the list.

While Loungers currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines