Loungers (LON:LGRS) Sets New 12-Month High – Here’s What Happened

Loungers plc (LON:LGRSGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 326 ($3.99) and last traded at GBX 320 ($3.92), with a volume of 4380451 shares traded. The stock had previously closed at GBX 308 ($3.77).

Loungers Stock Performance

The stock has a 50 day moving average of GBX 284.17 and a 200 day moving average of GBX 276.92. The company has a debt-to-equity ratio of 109.36, a current ratio of 0.26 and a quick ratio of 0.44. The firm has a market cap of £330.40 million, a P/E ratio of 3,533.33, a PEG 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.

Read More

Receive News & Ratings for Loungers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loungers and related companies with MarketBeat.com's FREE daily email newsletter.