Loungers (LON:LGRS) Stock Price Up 29.3% – Here’s Why

Loungers plc (LON:LGRSGet Free Report) was up 29.3% on Thursday . The stock traded as high as GBX 310 ($3.95) and last traded at GBX 307.85 ($3.92). Approximately 558,787 shares traded hands during trading, an increase of 451% from the average daily volume of 101,408 shares. The stock had previously closed at GBX 238 ($3.03).

Loungers Price Performance

The firm has a market cap of £315.86 million, a PE ratio of 3,377.78, a PEG ratio of 0.99 and a beta of 1.56. The firm has a fifty day simple moving average of GBX 256.03 and a two-hundred day simple moving average of GBX 269.90. The company has a debt-to-equity ratio of 109.36, a quick ratio of 0.44 and a current ratio of 0.26.

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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