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

Portmeirion Group PLC (LON:PMPGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 183.30 ($2.43) and traded as low as GBX 167.40 ($2.22). Portmeirion Group shares last traded at GBX 170.15 ($2.25), with a volume of 18,412 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Portmeirion Group in a report on Monday, March 31st.

Read Our Latest Stock Report on PMP

Portmeirion Group Stock Performance

The stock has a market cap of £24.29 million, a PE ratio of -2.21, a price-to-earnings-growth ratio of 0.75 and a beta of 1.24. The company has a debt-to-equity ratio of 41.72, a current ratio of 1.98 and a quick ratio of 0.68. The business has a 50 day moving average price of GBX 151.46 and a two-hundred day moving average price of GBX 183.25.

Portmeirion Group (LON:PMPGet Free Report) last announced its quarterly earnings data on Monday, March 31st. The company reported GBX 8.04 ($0.11) EPS for the quarter. Portmeirion Group had a negative return on equity of 20.49% and a negative net margin of 11.53%. As a group, equities research analysts forecast that Portmeirion Group PLC will post 52.5900016 EPS for the current fiscal year.

Insiders Place Their Bets

In other Portmeirion Group news, insider Peter Tracey purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, April 4th. The stock was purchased at an average cost of GBX 179 ($2.37) per share, with a total value of £17,900 ($23,692.92). 44.36% of the stock is currently owned by company insiders.

About Portmeirion Group

(Get Free Report)

“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.

Further Reading

Receive News & Ratings for Portmeirion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Portmeirion Group and related companies with MarketBeat.com's FREE daily email newsletter.