The Pebble Group (LON:PEBB) Stock Price Up 2% – Time to Buy?

The Pebble Group plc (LON:PEBB)’s stock price was up 2% on Tuesday . The company traded as high as GBX 38.33 ($0.51) and last traded at GBX 35.75 ($0.48). Approximately 748,361 shares changed hands during mid-day trading, an increase of 105% from the average daily volume of 364,358 shares. The stock had previously closed at GBX 35.06 ($0.47).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 100 ($1.34) price target on shares of The Pebble Group in a report on Monday, March 24th.

The Pebble Group Price Performance

The company has a debt-to-equity ratio of 8.25, a current ratio of 1.94 and a quick ratio of 1.16. The firm has a market capitalization of £58.86 million, a P/E ratio of 10.47 and a beta of 1.14. The company’s 50 day moving average price is GBX 38.41 and its 200 day moving average price is GBX 43.41.

The Pebble Group (LON:PEBB) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) EPS for the quarter. The Pebble Group had a return on equity of 6.55% and a net margin of 4.74%. As a group, sell-side analysts anticipate that The Pebble Group plc will post 5.0724638 EPS for the current fiscal year.

The Pebble Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be issued a dividend of GBX 1.85 ($0.02) per share. This is a boost from The Pebble Group’s previous dividend of $1.20. This represents a yield of 4.62%. The ex-dividend date of this dividend is Thursday, May 15th. The Pebble Group’s payout ratio is currently 29.29%.

Insider Buying and Selling at The Pebble Group

In related news, insider Christopher Lee acquired 270,000 shares of the company’s stock in a transaction that occurred on Friday, April 11th. The stock was acquired at an average price of GBX 37 ($0.49) per share, for a total transaction of £99,900 ($133,395.65). Also, insider Claire Louise Thomson sold 72,336 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of GBX 45 ($0.60), for a total value of £32,551.20 ($43,465.35). Corporate insiders own 12.02% of the company’s stock.

About The Pebble Group

The Pebble Group plc (www.thepebblegroup.com) is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market: Facilisgroup (www.facilisgroup.com) and Brand Addition (www.brandaddition.com).

Facilisgroup focuses on supporting the growth of mid-sized promotional product businesses in North America by providing a digital commerce platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.

Brand Addition focuses upon providing promotional products and related services under contract to some of the world’s most recognisable brands.