Peter Tracey Buys 230,000 Shares of Portmeirion Group (LON:PMP) Stock

Portmeirion Group PLC (LON:PMP) insider Peter Tracey bought 230,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was bought at an average price of GBX 50 per share, for a total transaction of £115,000.

Portmeirion Group Stock Down 4.8%

Shares of PMP stock traded down GBX 2.50 during mid-day trading on Tuesday, hitting GBX 50. 37,763 shares of the stock traded hands, compared to its average volume of 26,647. Portmeirion Group PLC has a 52-week low of GBX 50 and a 52-week high of GBX 147.50. The stock has a market cap of £6.90 million, a P/E ratio of -1.10, a P/E/G ratio of 0.75 and a beta of 0.45. 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’s fifty day moving average is GBX 82.03 and its two-hundred day moving average is GBX 90.75.

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

Wall Street Analyst Weigh In

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

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.