Portmeirion Group (LON:PMP) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Portmeirion Group PLC (LON:PMP) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 97.12 and traded as low as GBX 90.03. Portmeirion Group shares last traded at GBX 90.75, with a volume of 3,439 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Portmeirion Group in a research report on Tuesday, February 3rd.

Portmeirion Group Stock Performance

The company has a market cap of £12.51 million, a PE ratio of 144.05, a PEG ratio of 0.75 and a beta of 1.24. The business’s 50 day moving average is GBX 92.55 and its two-hundred day moving average is GBX 97.12. The company has a current ratio of 1.74, a quick ratio of 0.68 and a debt-to-equity ratio of 51.63.

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. Recognised around the world, our brands have a combined history of over 700 years.

With a consistent track record of growth, our revenue is generated from a variety of different channels, markets, currencies and product categories.