Loungers (LON:LGRS) Sets New 12-Month High – Still a Buy?

Loungers plc (LON:LGRSGet Free Report)’s stock price hit a new 52-week high on Friday . The stock traded as high as GBX 318 ($4.04) and last traded at GBX 304.15 ($3.86), with a volume of 636996 shares. The stock had previously closed at GBX 304 ($3.86).

Loungers Stock Performance

The company has a market cap of £316.01 million, a P/E ratio of 3,377.78, a PEG ratio of 0.99 and a beta of 1.56. The business’s 50 day simple moving average is GBX 255.42 and its 200 day simple moving average is GBX 269.66. The company has a current ratio of 0.26, a quick ratio of 0.44 and a debt-to-equity ratio of 109.36.

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.

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