Portmeirion Group (LON:PMP) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Portmeirion Group PLC (LON:PMP) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 73.61 and traded as low as GBX 52.50. Portmeirion Group shares last traded at GBX 54, with a volume of 13,891 shares.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Portmeirion Group in a report on Monday, June 29th.

Portmeirion Group Trading Down 0.3%

The company has a 50 day simple moving average of GBX 73.61 and a 200 day simple moving average of GBX 87.12. The company has a debt-to-equity ratio of 59.99, a quick ratio of 0.68 and a current ratio of 1.54. The company has a market capitalization of £27.17 million, a PE ratio of -1.18, a price-to-earnings-growth ratio of 0.75 and a beta of 0.45.

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

Insider Transactions at Portmeirion Group

In other Portmeirion Group news, insider Jonathan Hill bought 100,000 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average price of GBX 50 per share, with a total value of £50,000. Also, insider Angela Luge bought 30,000 shares of Portmeirion Group stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average price of GBX 50 per share, with a total value of £15,000. Insiders acquired 500,000 shares of company stock worth $25,000,000 in the last quarter. 2.87% of the stock is owned by insiders.

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.