Shore Capital Reaffirms “Buy” Rating for The Pebble Group (LON:PEBB)

Shore Capital reiterated their buy rating on shares of The Pebble Group (LON:PEBB) in a research note released on Tuesday, Marketbeat Ratings reports.

The Pebble Group Stock Up 1.8 %

The Pebble Group stock opened at GBX 58 ($0.73) on Tuesday. The firm’s 50 day moving average price is GBX 62.19 and its two-hundred day moving average price is GBX 64.85. The firm has a market cap of £96.88 million, a PE ratio of 1,933.33 and a beta of 1.11. The Pebble Group has a twelve month low of GBX 48.60 ($0.61) and a twelve month high of GBX 108 ($1.36). The company has a debt-to-equity ratio of 8.62, a quick ratio of 1.16 and a current ratio of 1.88.

The Pebble Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, April 4th will be issued a dividend of GBX 1.20 ($0.02) per share. This is a positive change from The Pebble Group’s previous dividend of $0.60. The ex-dividend date is Thursday, April 4th. This represents a dividend yield of 1.92%. The Pebble Group’s dividend payout ratio is currently 3,333.33%.

About The Pebble Group

The Pebble Group plc sells digital commerce, products, and related services to the promotional merchandise industry in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Brand Addition and Facilisgroup. The company is involved in the design, sourcing, and delivery of promotional products and related services to various brands operating in the engineering, financial services, health, beauty, FMCG, technology, transport, and other sectors.