Insider Buying: Portmeirion Group (LON:PMP) Insider Acquires £50,000 in Stock

Portmeirion Group PLC (LON:PMP) insider Jonathan Hill purchased 100,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were purchased at an average cost of GBX 50 per share, with a total value of £50,000.

Portmeirion Group Trading Down 4.8%

Shares of Portmeirion Group stock traded down GBX 2.50 during trading hours on Tuesday, reaching GBX 50. The stock had a trading volume of 37,763 shares, compared to its average volume of 26,647. The company has a current ratio of 1.54, a quick ratio of 0.68 and a debt-to-equity ratio of 59.99. Portmeirion Group PLC has a 1 year low of GBX 50 and a 1 year high of GBX 147.50. The firm has a market capitalization of £6.90 million, a price-to-earnings ratio of -1.10, a P/E/G ratio of 0.75 and a beta of 0.45. The firm has a 50 day simple moving average of GBX 82.03 and a two-hundred day simple moving average of GBX 90.75.

Portmeirion Group (LON:PMP) last posted its quarterly earnings results on Wednesday, May 6th. The company reported GBX (25.30) EPS for the quarter. Portmeirion Group had a negative net margin of 6.86% and a negative return on equity of 12.61%. The business had revenue of GBX 9,106 million during the quarter. As a group, equities research analysts anticipate that Portmeirion Group PLC will post 52.5900016 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Portmeirion Group in a report on Wednesday, May 6th.

Portmeirion Group Company Profile

“Our vision is to be a leading force in the global homeware sector focused on growing our great British brands.”

Based in Stoke-on-Trent, we are the owner, designer, manufacturer and omni-channel retailer of leading homeware brands in global markets. Our much loved brands include Portmeirion, Spode, Royal Worcester, Nambé, Pimpernel and Wax Lyrical. Recognised around the world, our brands have a combined history of over 700 years.

With a consistent track record of growth, our revenue is generated from a variety of different channels, markets, currencies and product categories.