Portmeirion Group (LON:PMP) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Portmeirion Group PLC (LON:PMP) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 120.45 and traded as low as GBX 96.80. Portmeirion Group shares last traded at GBX 96.80, with a volume of 2,056 shares changing hands.

Analyst Ratings Changes

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

Portmeirion Group Price Performance

The business’s fifty day moving average is GBX 99.70 and its 200 day moving average is GBX 120.45. The company has a market cap of £13.35 million, a P/E ratio of 153.65, a PEG ratio of 0.75 and a beta of 1.24. The company has a current ratio of 1.98, a quick ratio of 0.68 and a debt-to-equity ratio of 41.72.

Portmeirion Group (LON:PMP) last released its 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%. As a group, sell-side analysts anticipate that Portmeirion Group PLC will post 52.5900016 EPS 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.