Loungers (LON:LGRS) Reaches New 1-Year High at $264.00

Loungers plc (LON:LGRS) reached a new 52-week high on Wednesday . The stock traded as high as GBX 264 ($3.32) and last traded at GBX 264 ($3.32), with a volume of 203647 shares traded. The stock had previously closed at GBX 258 ($3.24).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Loungers in a report on Wednesday, May 1st.

Loungers Stock Up 1.6 %

The company has a market capitalization of £271.83 million, a PE ratio of 3,742.86, a P/E/G ratio of 0.88 and a beta of 1.50. The company has a debt-to-equity ratio of 109.07, a quick ratio of 0.44 and a current ratio of 0.19. The company’s 50-day moving average is GBX 216.44 and its 200 day moving average is GBX 215.68.

About Loungers

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.