Loungers (LON:LGRS) Sets New 52-Week High – Time to Buy?

Loungers plc (LON:LGRSGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 326 ($3.98) and last traded at GBX 320 ($3.91), with a volume of 4380451 shares trading hands. The stock had previously closed at GBX 308 ($3.76).

Loungers Stock Performance

The stock’s 50 day moving average is GBX 281.61 and its two-hundred day moving average is GBX 276.16. The stock has a market capitalization of £332.48 million, a price-to-earnings ratio of 3,555.56, a price-to-earnings-growth ratio of 0.99 and a beta of 1.56. The company has a current ratio of 0.26, a quick ratio of 0.44 and a debt-to-equity ratio of 109.36.

Loungers Company Profile

(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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