Loungers plc (LON:LGRS – Get Free Report) shot up 29.3% during trading on Thursday . The company traded as high as GBX 310 ($3.93) and last traded at GBX 307.85 ($3.90). 558,787 shares changed hands during trading, an increase of 451% from the average session volume of 101,408 shares. The stock had previously closed at GBX 238 ($3.02).
Loungers Price Performance
The stock has a fifty day moving average of GBX 254.80 and a two-hundred day moving average of GBX 269.42. The company has a current ratio of 0.26, a quick ratio of 0.44 and a debt-to-equity ratio of 109.36. The stock has a market capitalization of £319.86 million, a price-to-earnings ratio of 2,644.44, a PEG ratio of 0.99 and a beta of 1.56.
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.
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