Portmeirion Group (LON:PMP) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Portmeirion Group PLC (LON:PMP) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 183.30 ($2.42) and traded as low as GBX 167.40 ($2.21). Portmeirion Group shares last traded at GBX 170.15 ($2.24), with a volume of 18,412 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Portmeirion Group in a report on Monday, March 31st.

Portmeirion Group Stock Up 3.9 %

The company has a debt-to-equity ratio of 41.72, a quick ratio of 0.68 and a current ratio of 1.98. The company’s 50-day moving average price is GBX 151.29 and its 200 day moving average price is GBX 183.30. The stock has a market capitalization of £23.41 million, a P/E ratio of -2.13, a P/E/G ratio of 0.75 and a beta of 1.24.

Portmeirion Group (LON:PMP) last announced its quarterly earnings data on Monday, March 31st. The company reported GBX 8.04 ($0.11) earnings per share (EPS) for the quarter. Portmeirion Group had a negative net margin of 11.53% and a negative return on equity of 20.49%. As a group, equities analysts expect that Portmeirion Group PLC will post 52.5900016 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Peter Tracey bought 10,000 shares of the stock in a transaction dated Friday, April 4th. The stock was purchased at an average cost of GBX 179 ($2.36) per share, with a total value of £17,900 ($23,602.32). 44.36% of the stock is currently owned by company insiders.

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.