ProCook Group (LON:PROC) Issues Earnings Results

ProCook Group (LON:PROC) announced its earnings results on Wednesday. The company reported GBX 1.17 ($0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports. ProCook Group had a net margin of 0.97% and a return on equity of 7.65%.

ProCook Group Trading Down 2.3%

Shares of ProCook Group stock opened at GBX 41.31 ($0.56) on Thursday. The company has a debt-to-equity ratio of 301.33, a current ratio of 0.93 and a quick ratio of 0.36. ProCook Group has a 1 year low of GBX 20 ($0.27) and a 1 year high of GBX 44 ($0.60). The company has a market capitalization of £45.01 million, a P/E ratio of 73.79 and a beta of 1.12. The business has a 50 day moving average price of GBX 35.97 and a 200 day moving average price of GBX 31.96.

Insider Buying and Selling

In related news, insider Daniel (Dan) Walden sold 47,064 shares of the business’s stock in a transaction dated Wednesday, April 16th. The shares were sold at an average price of GBX 34 ($0.46), for a total value of £16,001.76 ($21,863.31). Insiders own 86.64% of the company’s stock.

About ProCook Group

ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through an expanding network of over 60 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.