Loungers (LON:LGRS) Sets New 12-Month Low at $200.00

Loungers plc (LON:LGRS)’s share price hit 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 changing hands. The stock had previously closed at GBX 204 ($2.67).

LGRS has been the topic of a number of recent research reports. Peel Hunt reissued a “buy” rating on shares of Loungers in a research report on Thursday, June 13th. Liberum Capital reissued a “buy” rating on shares of Loungers in a research report on Wednesday, June 12th.

The company has a 50-day simple moving average of GBX 208.82. The stock has a market capitalization of $188.70 million and a price-to-earnings 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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