Portmeirion Group (LON:PMP) Hits New 1-Year Low – What’s Next?

Portmeirion Group PLC (LON:PMP)’s stock price reached a new 52-week low during trading on Thursday. The company traded as low as GBX 44.50 and last traded at GBX 45, with a volume of 14,414 shares trading hands. The stock had previously closed at GBX 46.50.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Portmeirion Group in a research note on Wednesday, September 23rd.

Portmeirion Group Stock Down 3.2%

The firm’s 50-day simple moving average is GBX 49.63 and its 200-day simple moving average is GBX 71.85. The company has a market capitalization of £22.83 million, a price-to-earnings ratio of -0.78, a price-to-earnings-growth ratio of 0.75 and a beta of 0.48. The company has a debt-to-equity ratio of 30.04, a quick ratio of 0.68 and a current ratio of 2.20.

Portmeirion Group (LON:PMP) last posted its earnings results on Wednesday, September 23rd. The company reported GBX (31.40) earnings per share for the quarter. Portmeirion Group had a negative return on equity of 15.27% and a negative net margin of 9.22%. Sell-side analysts forecast that Portmeirion Group PLC will post 52.59 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. 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.