Portmeirion Group (LON:PMP) Insider Michael Scheepers Acquires 100,000 Shares of Stock

Portmeirion Group PLC (LON:PMP) insider Michael Scheepers bought 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was acquired at an average cost of GBX 50 per share, for a total transaction of £50,000.

Portmeirion Group Stock Down 4.8%

Shares of LON:PMP traded down GBX 2.50 on Tuesday, hitting GBX 50. 37,763 shares of the company’s stock were exchanged, compared to its average volume of 26,647. The firm’s 50-day moving average is GBX 82.03 and its 200 day moving average is GBX 90.75. The company has a market capitalization of £6.90 million, a PE ratio of -1.10, a P/E/G ratio of 0.75 and a beta of 0.45. Portmeirion Group PLC has a 1-year low of GBX 50 and a 1-year high of GBX 147.50. The company has a debt-to-equity ratio of 59.99, a quick ratio of 0.68 and a current ratio of 1.54.

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

Analyst Upgrades and Downgrades

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

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.