Portmeirion Group (LON:PMP) Reaches New 12-Month Low – Should You Sell?

Portmeirion Group PLC (LON:PMP)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 50 and last traded at GBX 50, with a volume of 37763 shares. The stock had previously closed at GBX 52.50.

Wall Street Analysts Forecast Growth

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

Portmeirion Group Stock Up 2.0%

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 business has a 50 day moving average price of GBX 80.52 and a 200 day moving average price of GBX 90.06. The firm has a market capitalization of £7.03 million, a P/E ratio of -1.13, a price-to-earnings-growth ratio of 0.75 and a beta of 0.45.

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

Insider Activity at Portmeirion Group

In related news, insider Peter Tracey acquired 230,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average price of GBX 50 per share, for a total transaction of £115,000. Also, insider Jeremy Wilson bought 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were bought at an average cost of GBX 50 per share, for a total transaction of £20,000. Over the last quarter, insiders acquired 500,000 shares of company stock valued at $25,000,000. 3.34% of the stock is owned by corporate insiders.

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.