Portmeirion Group (LON:PMP) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Portmeirion Group PLC (LON:PMP)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 103.92 and traded as low as GBX 93.55. Portmeirion Group shares last traded at GBX 93.61, with a volume of 10,372 shares.

Analyst Upgrades and Downgrades

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

Portmeirion Group Price Performance

The company has a market cap of £12.91 million, a price-to-earnings ratio of 148.59, a PEG ratio of 0.75 and a beta of 1.24. The company has a 50-day simple moving average of GBX 96.74 and a 200-day simple moving average of GBX 103.92. The company has a debt-to-equity ratio of 51.63, a quick ratio of 0.68 and a current ratio of 1.74.

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.