Portmeirion Group (LON:PMP) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Portmeirion Group PLC (LON:PMP)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 96.63 and traded as high as GBX 98. Portmeirion Group shares last traded at GBX 95, with a volume of 30,449 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Portmeirion Group in a research note on Tuesday, February 3rd.

Portmeirion Group Price Performance

The company has a market capitalization of £13.10 million, a price-to-earnings ratio of 150.79, a PEG ratio of 0.75 and a beta of 1.24. The company has a current ratio of 1.74, a quick ratio of 0.68 and a debt-to-equity ratio of 51.63. The company has a 50 day moving average price of GBX 96.63 and a 200 day moving average price of GBX 105.39.

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.