Joules Ltd (LON:JOUL) shares shot up 1% on Thursday . The company traded as high as GBX 278 ($3.63) and last traded at GBX 278 ($3.63), 36,988 shares changed hands during trading. A decline of 58% from the average session volume of 88,266 shares. The stock had previously closed at GBX 275.15 ($3.60).
A number of brokerages recently weighed in on JOUL. Liberum Capital restated a “buy” rating on shares of Joules in a report on Tuesday, July 23rd. Peel Hunt restated a “buy” rating and set a GBX 400 ($5.23) target price on shares of Joules in a report on Thursday, October 3rd. Finally, Peel Hunt restated a “buy” rating and set a GBX 400 ($5.23) target price on shares of Joules in a report on Thursday, October 3rd.
The firm has a market capitalization of $248.01 million and a price-to-earnings ratio of 24.60. The stock’s fifty day moving average is GBX 267.09 and its two-hundred day moving average is GBX 264.94. The company has a quick ratio of 0.45, a current ratio of 1.39 and a debt-to-equity ratio of 19.59.
Joules Group Plc, together with its subsidiaries, designs and sells lifestyle clothing, related accessories, and home ware under the Joules brand in the United Kingdom and internationally. The company operates through three segments: Retail, Wholesale, and Other. Its product portfolio includes women's swear, such as shirts, dresses, tunics, rainwear, and cold weather coats and accessories; men's wear, including tops, chinos, shirts, and denim, as well as rainwear; boys and girls, and baby collections; wellies; and home ware comprising kitchen textiles, crockery, bedding, cushions, picnic ware, and throws, as well as licensed products, including eyewear, bedding, and toiletries.
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