Loungers (LON:LGRS) Hits New 1-Year Low at $200.00

Loungers plc (LON:LGRS)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 200 ($2.61) and last traded at GBX 204 ($2.67), with a volume of 150038 shares. The stock had previously closed at GBX 204 ($2.67).

Several analysts recently commented on LGRS shares. Peel Hunt reaffirmed a “buy” rating on shares of Loungers in a report on Thursday, June 13th. Liberum Capital reissued a “buy” rating on shares of Loungers in a report on Wednesday, June 12th.

The stock’s fifty day moving average is GBX 208.82. The firm has a market capitalization of $188.70 million and a P/E ratio of -1.19.

Loungers Company Profile (LON:LGRS)

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brands in England and Wales. It operates 146 cafés, bars, and restaurants. The company was founded in 2002 and is headquartered in Bristol, the United Kingdom.

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