Lords Group Trading (LON:LORD) Sets New 1-Year Low at $37.80

Shares of Lords Group Trading plc (LON:LORD) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 37.80 ($0.49) and last traded at GBX 39.88 ($0.52), with a volume of 293656 shares changing hands. The stock had previously closed at GBX 41 ($0.54).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 90 ($1.18) price objective on shares of Lords Group Trading in a report on Tuesday.

Lords Group Trading Stock Performance

The company has a market cap of £63.53 million, a P/E ratio of 3,830.00 and a beta of 1.18. The stock has a 50 day moving average price of GBX 42.38 and a two-hundred day moving average price of GBX 46.07. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 194.50.

Lords Group Trading Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 19th will be given a GBX 0.32 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 0.82%. Lords Group Trading’s payout ratio is 20,000.00%.

Lords Group Trading Company Profile

Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers. The company operates in two divisions, Merchanting; and Plumbing and Heating. It also distributes heating and plumbing products to a network of independent merchants, installers, and general public.