Portmeirion Group (LON:PMP) Stock Breaks Below Two Hundred Day Moving Average – Time to Sell?

Shares of Portmeirion Group PLC (LON:PMP) passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 67.59 and traded as low as GBX 49.95. Portmeirion Group shares last traded at GBX 50, with a volume of 21,631 shares.

Analyst Ratings Changes

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

Portmeirion Group Price Performance

The company has a current ratio of 2.20, a quick ratio of 0.68 and a debt-to-equity ratio of 30.04. The company has a market cap of £25.12 million, a PE ratio of -1.09, a P/E/G ratio of 0.75 and a beta of 0.48. The firm has a 50 day moving average of GBX 50.67 and a two-hundred day moving average of GBX 67.22.

Portmeirion Group (LON:PMP) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (31.40) earnings per share for the quarter. Portmeirion Group had a negative net margin of 9.22% and a negative return on equity of 15.27%. Research analysts predict that Portmeirion Group PLC will post 52.5900016 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.