Canaccord Genuity Group Reaffirms Buy Rating for ProCook Group (LON:PROC)

Canaccord Genuity Group reiterated their buy rating on shares of ProCook Group (LON:PROC) in a research report released on Wednesday, LSE.Co.UK reports. Canaccord Genuity Group currently has a GBX 48 ($0.63) price target on the stock.

ProCook Group Stock Performance

LON PROC opened at GBX 27 ($0.35) on Wednesday. The company’s 50 day simple moving average is GBX 25.85 and its two-hundred day simple moving average is GBX 24.87. The company has a debt-to-equity ratio of 301.33, a current ratio of 0.93 and a quick ratio of 0.36. ProCook Group has a 1 year low of GBX 16.63 ($0.22) and a 1 year high of GBX 34 ($0.44). The stock has a market capitalization of £29.42 million, a PE ratio of 2,700.00 and a beta of 1.12.

ProCook Group Company Profile

ProCook Group plc, through its subsidiaries, engages in the sale of kitchenware and related products in the United Kingdom. The company operates in two segments, Ecommerce and Retail. It offers a range of cookware and tableware products, and kitchen accessories; and holds properties. The company was founded in 1996 and is headquartered in Gloucester, the United Kingdom.