Portmeirion Group (LON:PMP) Hits New 52-Week Low – What’s Next?

Portmeirion Group PLC (LON:PMP) hit a new 52-week low on Wednesday. The stock traded as low as GBX 44 and last traded at GBX 44, with a volume of 31,068 shares changing hands. The stock had previously closed at GBX 44.50.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Portmeirion Group in a research note on Wednesday, September 23rd.

Portmeirion Group Stock Performance

The company has a quick ratio of 0.68, a current ratio of 2.20 and a debt-to-equity ratio of 30.04. The stock has a market cap of £22.33 million, a price-to-earnings ratio of -0.76, a PEG ratio of 0.75 and a beta of 0.48. The stock’s fifty day moving average is GBX 49.07 and its 200-day moving average is GBX 70.75.

Portmeirion Group (LON:PMP) last posted its earnings results on Wednesday, September 23rd. The company reported GBX (31.40) earnings per share for the quarter. Portmeirion Group had a negative return on equity of 15.27% and a negative net margin of 9.22%. On average, analysts forecast that Portmeirion Group PLC will post 52.59 EPS for the current 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.