Portmeirion Group (LON:PMP) Share Price Passes Below 200-Day Moving Average – Should You 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 122.48 and traded as low as GBX 98. Portmeirion Group shares last traded at GBX 98, with a volume of 2,112 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Portmeirion Group in a research note on Thursday, September 25th.

Portmeirion Group Price Performance

The company has a quick ratio of 0.68, a current ratio of 1.98 and a debt-to-equity ratio of 41.72. The stock has a market cap of £13.51 million, a P/E ratio of 155.56, a P/E/G ratio of 0.75 and a beta of 1.24. The firm has a 50 day moving average price of GBX 100.56 and a 200 day moving average price of GBX 122.48.

Portmeirion Group (LON:PMP) last released its earnings results on Thursday, September 25th. The company reported GBX (21.04) earnings per share (EPS) for the quarter. Portmeirion Group had a negative return on equity of 20.49% and a negative net margin of 11.53%. On average, analysts forecast that Portmeirion Group PLC will post 52.5900016 EPS 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.