The Pebble Group (LON:PEBB) Shares Down 1.9% – Here’s What Happened

The Pebble Group plc (LON:PEBB)’s stock price was down 1.9% on Tuesday . The stock traded as low as GBX 50.10 ($0.65) and last traded at GBX 51.50 ($0.67). Approximately 15,652 shares changed hands during trading, a decline of 96% from the average daily volume of 402,169 shares. The stock had previously closed at GBX 52.50 ($0.68).

Analyst Ratings Changes

Several research firms recently issued reports on PEBB. Shore Capital restated a “buy” rating on shares of The Pebble Group in a research note on Monday, September 9th. Berenberg Bank restated a “buy” rating and issued a GBX 150 ($1.95) price target on shares of The Pebble Group in a research note on Thursday, July 25th.

The Pebble Group Price Performance

The company has a quick ratio of 1.16, a current ratio of 1.94 and a debt-to-equity ratio of 8.25. The company’s fifty day moving average price is GBX 55.65 and its 200 day moving average price is GBX 57.82. The company has a market capitalization of £85.25 million, a P/E ratio of 1,716.67 and a beta of 1.14.

About The Pebble Group

The Pebble Group plc sells digital commerce, products, and related services to the promotional merchandise industry in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Brand Addition and Facilisgroup. The company is involved in the design, sourcing, and delivery of promotional products and related services to various brands operating in the engineering, financial services, health, beauty, FMCG, technology, transport, and other sectors.