Likewise Group (LON:LIKE) Shares Down 4.1% – Time to Sell?

Likewise Group Plc (LON:LIKE) dropped 4.1% during mid-day trading on Friday . The stock traded as low as GBX 17 ($0.22) and last traded at GBX 17.50 ($0.23). Approximately 146,910 shares traded hands during trading, a decline of 39% from the average daily volume of 242,480 shares. The stock had previously closed at GBX 18.25 ($0.24).

Likewise Group Trading Down 4.1 %

The company has a current ratio of 1.10, a quick ratio of 0.67 and a debt-to-equity ratio of 36.11. The stock has a market cap of £41.70 million, a P/E ratio of 41.24 and a beta of 0.85. The business’s fifty day simple moving average is GBX 19.02 and its 200 day simple moving average is GBX 17.71.

Insider Activity

In related news, insider Andrew Simpson sold 1,397,135 shares of Likewise Group stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of GBX 19 ($0.25), for a total value of £265,455.65 ($343,587.43). 37.49% of the stock is owned by insiders.

Likewise Group Company Profile

Likewise is a distributor of Residential and Commercial Flooring to Retailers and Contractors through it’s seven Distribution Centres in Glasgow, Newcastle, Leeds, Manchester, Birmingham, Sudbury and Peckham.

With the support of Manufacturing Partners across the Globe, an extensive product offering has been developed and with strong relationships with UK customers, Likewise has in 3 years established a business with over 2,600 customers and currently employees c.260 employees.