The Pebble Group (LON:PEBB) Reaches New 1-Year Low – Here’s Why

Shares of The Pebble Group plc (LON:PEBB) reached a new 52-week low on Tuesday . The company traded as low as GBX 36 ($0.47) and last traded at GBX 36.50 ($0.48), with a volume of 235670 shares traded. The stock had previously closed at GBX 36.50 ($0.48).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 100 ($1.32) price target on shares of The Pebble Group in a research note on Monday, March 24th.

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 stock has a market cap of £60.10 million, a PE ratio of 10.69 and a beta of 1.14. The firm has a fifty day moving average of GBX 41.43 and a 200 day moving average of GBX 45.34.

The Pebble Group (LON:PEBB) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) EPS for the quarter. The Pebble Group had a return on equity of 6.55% and a net margin of 4.74%. On average, equities research analysts anticipate that The Pebble Group plc will post 5.0724638 EPS for the current fiscal year.

The Pebble Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be issued a GBX 1.85 ($0.02) dividend. This is a boost from The Pebble Group’s previous dividend of $1.20. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 4.62%. The Pebble Group’s dividend payout ratio is presently 29.29%.

Insider Buying and Selling

In other news, insider Christopher Lee acquired 270,000 shares of the firm’s stock in a transaction dated Friday, April 11th. The stock was acquired at an average cost of GBX 37 ($0.49) per share, with a total value of £99,900 ($131,724.68). Also, insider Claire Louise Thomson sold 72,336 shares of the company’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of GBX 45 ($0.59), for a total transaction of £32,551.20 ($42,920.89). 12.02% of the stock is owned by company insiders.

About The Pebble Group

The Pebble Group plc (www.thepebblegroup.com) is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market: Facilisgroup (www.facilisgroup.com) and Brand Addition (www.brandaddition.com).

Facilisgroup focuses on supporting the growth of mid-sized promotional product businesses in North America by providing a digital commerce platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.

Brand Addition focuses upon providing promotional products and related services under contract to some of the world’s most recognisable brands.