Low & Bonar plc (LON:LWB)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 9.50 ($0.12) and last traded at GBX 10.10 ($0.13), with a volume of 986011 shares changing hands. The stock had previously closed at GBX 10.95 ($0.14).
LWB has been the subject of several analyst reports. Canaccord Genuity reduced their price target on Low & Bonar from GBX 26 ($0.34) to GBX 20 ($0.26) and set a “buy” rating for the company in a report on Monday, May 20th. Peel Hunt reduced their price objective on Low & Bonar from GBX 25 ($0.33) to GBX 20 ($0.26) and set a “buy” rating for the company in a report on Monday, April 1st.
The firm has a market capitalization of $67.70 million and a P/E ratio of -0.69. The company has a quick ratio of 1.17, a current ratio of 2.13 and a debt-to-equity ratio of 138.27.
TRADEMARK VIOLATION NOTICE: “Low & Bonar (LWB) Sets New 12-Month Low at $9.50” was first reported by Rockland Register and is the sole property of of Rockland Register. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at https://rocklandregister.com/2019/05/31/low-bonar-lwb-sets-new-12-month-low-at-9-50.html.
About Low & Bonar (LON:LWB)
Low & Bonar PLC manufactures and supplies technical textiles worldwide. The company supplies a range of technical textile solutions for various applications in the air and water filtration, building, roofing, drainage, and erosion control; and woven and non-woven geotextiles, and construction fibers used in infrastructure projects, including road and rail building, land reclamation, and coastal defense.
See Also: Return On Assets
Receive News & Ratings for Low & Bonar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Low & Bonar and related companies with MarketBeat.com's FREE daily email newsletter.