Portmeirion Group (LON:PMP) Hits New 1-Year Low – Here’s What Happened

Shares of Portmeirion Group PLC (LON:PMP) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 50 and last traded at GBX 50, with a volume of 37763 shares changing hands. The stock had previously closed at GBX 52.50.

Analyst Upgrades and Downgrades

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

Portmeirion Group Stock Down 4.8%

The firm has a market capitalization of £6.90 million, a PE ratio of -1.10, a price-to-earnings-growth ratio of 0.75 and a beta of 0.45. The firm’s 50-day moving average is GBX 82.03 and its 200 day moving average is GBX 90.75. The company has a debt-to-equity ratio of 59.99, a quick ratio of 0.68 and a current ratio of 1.54.

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

About Portmeirion Group

“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.