Portmeirion Group (LON:PMP) Sets New 52-Week Low – What’s Next?

Shares of Portmeirion Group PLC (LON:PMP) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 50 and last traded at GBX 53, with a volume of 70051 shares changing hands. The stock had previously closed at GBX 54.50.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “house stock” rating on shares of Portmeirion Group in a research note on Wednesday, May 6th.

Portmeirion Group Trading Down 2.8%

The company has a debt-to-equity ratio of 59.99, a current ratio of 1.54 and a quick ratio of 0.68. The stock has a market capitalization of £7.31 million, a price-to-earnings ratio of -1.17, a PEG ratio of 0.75 and a beta of 0.44. The business has a 50 day simple moving average of GBX 86.11 and a 200-day simple moving average of GBX 92.78.

Portmeirion Group (LON:PMP) last posted its earnings results on Wednesday, May 6th. The company reported GBX (25.30) earnings per share (EPS) for the quarter. Portmeirion Group had a negative net margin of 6.86% and a negative return on equity of 12.61%. The business had revenue of GBX 9,106 million during the quarter. As a group, equities analysts expect that Portmeirion Group PLC will post 52.5900016 earnings per share for the current year.

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.