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

Portmeirion Group PLC (LON:PMP) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 62.53 and traded as low as GBX 46. Portmeirion Group shares last traded at GBX 46, with a volume of 21,344 shares.

Analyst Upgrades and Downgrades

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

Portmeirion Group Trading Down 1.1%

The company has a market cap of £23.34 million, a price-to-earnings ratio of -0.79, a price-to-earnings-growth ratio of 0.75 and a beta of 0.48. The business’s fifty day moving average price is GBX 49.92 and its 200 day moving average price is GBX 62.53. The company has a debt-to-equity ratio of 30.04, a current ratio of 2.20 and a quick ratio of 0.68.

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