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

Shares of Portmeirion Group PLC (LON:PMP) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 144.24 ($1.92) and traded as low as GBX 100 ($1.33). Portmeirion Group shares last traded at GBX 100 ($1.33), with a volume of 52,196 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Portmeirion Group in a report on Thursday, September 25th.

Portmeirion Group Stock Up 2.8%

The company has a debt-to-equity ratio of 41.72, a quick ratio of 0.68 and a current ratio of 1.98. The company has a market capitalization of £14.17 million, a price-to-earnings ratio of 16,317.46, a price-to-earnings-growth ratio of 0.75 and a beta of 1.24. The firm’s 50-day simple moving average is GBX 127.38 and its 200-day simple moving average is GBX 144.24.

Portmeirion Group (LON:PMP) last posted its quarterly earnings results on Thursday, September 25th. The company reported GBX (21.04) earnings per share (EPS) for the quarter. Portmeirion Group had a negative return on equity of 20.49% and a negative net margin of 11.53%. Sell-side analysts forecast that Portmeirion Group PLC will post 52.5900016 earnings per share for the current year.

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.