The Pebble Group (LON:PEBB) Trading 2% Higher – Still a Buy?

The Pebble Group plc (LON:PEBB) shares traded up 2% during trading on Thursday . The stock traded as high as GBX 52 ($0.70) and last traded at GBX 52 ($0.70). 190,276 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 574,297 shares. The stock had previously closed at GBX 51 ($0.69).

Analysts Set New Price Targets

Separately, Liberum Capital reaffirmed a “buy” rating and issued a GBX 95 price objective on shares of The Pebble Group in a research report on Monday, July 21st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 97.50.

The Pebble Group Price Performance

The company’s fifty day moving average is GBX 53.26 and its 200 day moving average is GBX 44.55. The firm has a market cap of £82.64 million, a price-to-earnings ratio of 1,361.26 and a beta of 1.14. The company has a quick ratio of 1.16, a current ratio of 1.94 and a debt-to-equity ratio of 8.25.

Insiders Place Their Bets

In other The Pebble Group news, insider Christopher Lee sold 425,585 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of GBX 61, for a total value of £259,606.85. Also, insider Claire Louise Thomson sold 194,494 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of GBX 61, for a total transaction of £118,641.34. Company insiders own 6.46% 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.