Portmeirion Group (LON:PMP) Sets New 52-Week Low – Here’s Why

Portmeirion Group PLC (LON:PMP) hit a new 52-week low on Friday . The company traded as low as GBX 50 and last traded at GBX 53, with a volume of 70051 shares trading hands. The stock had previously closed at GBX 54.50.

Wall Street Analyst Weigh In

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

Portmeirion Group Trading Down 2.8%

The firm’s 50-day simple moving average is GBX 86.11 and its 200 day simple moving average is GBX 92.78. The stock has a market capitalization of £7.31 million, a P/E ratio of -1.17, a PEG ratio of 0.75 and a beta of 0.44. The company has a quick ratio of 0.68, a current ratio of 1.54 and a debt-to-equity ratio of 59.99.

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