Portmeirion Group (LON:PMP) Hits New 12-Month Low – Should You Sell?

Portmeirion Group PLC (LON:PMP) shares reached a new 52-week low during trading on Wednesday. The company traded as low as GBX 44 and last traded at GBX 44, with a volume of 31,068 shares trading hands. The stock had previously closed at GBX 44.50.

Wall Street Analyst Weigh In

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

Portmeirion Group Trading Up 0.9%

The firm’s 50-day simple moving average is GBX 48.75 and its 200-day simple moving average is GBX 70.20. The firm has a market capitalization of £22.53 million, a PE ratio of -0.77, a price-to-earnings-growth ratio of 0.75 and a beta of 0.48. The company has a quick ratio of 0.68, a current ratio of 2.20 and a debt-to-equity ratio of 30.04.

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

About Portmeirion Group

“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.