Portmeirion Group (LON:PMP) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Portmeirion Group PLC (LON:PMP)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 95.46 and traded as high as GBX 100. Portmeirion Group shares last traded at GBX 95, with a volume of 20,236 shares changing hands.

Analyst Upgrades and Downgrades

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

Portmeirion Group Trading Down 4.5%

The firm has a market cap of £12.71 million, a P/E ratio of 146.31, a PEG ratio of 0.75 and a beta of 1.24. The company has a 50 day moving average of GBX 91.21 and a 200 day moving average of GBX 95.46. 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 announced its quarterly earnings results on Wednesday, May 6th. The company reported GBX (25.30) EPS for the quarter. Portmeirion Group had a negative net margin of 6.86% and a negative return on equity of 12.61%. The firm had revenue of GBX 9,106 million during the quarter. Analysts predict 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.