Portmeirion Group (LON:PMP) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Portmeirion Group PLC (LON:PMP) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 102.58 and traded as low as GBX 91.10. Portmeirion Group shares last traded at GBX 91.10, with a volume of 4,500 shares trading hands.

Analyst Ratings Changes

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

Portmeirion Group Trading Down 0.4%

The company has a debt-to-equity ratio of 51.63, a quick ratio of 0.68 and a current ratio of 1.74. The firm has a market cap of £12.56 million, a PE ratio of 144.60, a price-to-earnings-growth ratio of 0.75 and a beta of 1.24. The stock has a 50-day simple moving average of GBX 96.03 and a two-hundred day simple moving average of GBX 102.58.

About Portmeirion Group

“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.