Portmeirion Group (LON:PMP) Stock Price Crosses Below Two Hundred Day Moving Average of $246.49

Portmeirion Group PLC (LON:PMP)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 246.49 ($3.04) and traded as low as GBX 229.20 ($2.83). Portmeirion Group shares last traded at GBX 242.50 ($3.00), with a volume of 16,644 shares traded.

Portmeirion Group Price Performance

The company has a quick ratio of 0.68, a current ratio of 2.13 and a debt-to-equity ratio of 35.64. The firm has a market cap of £33.93 million, a P/E ratio of 713.24, a PEG ratio of 0.75 and a beta of 1.32. The business has a fifty day moving average of GBX 230.30 and a 200 day moving average of GBX 246.49.

Portmeirion Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 25th will be issued a dividend of GBX 2 ($0.02) per share. This represents a yield of 0.75%. The ex-dividend date is Thursday, April 25th. Portmeirion Group’s payout ratio is currently 4,705.88%.

About Portmeirion Group

Portmeirion Group PLC, together with its subsidiaries, manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, the United States, South Korea, and internationally. It offers tableware, cookware, giftware, glassware, and accessories under the Portmeirion, Spode, Wax Lyrical, Royal Worcester, Nambé, and Pimpernel brand names.