Portmeirion Group (LON:PMP) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Portmeirion Group PLC (LON:PMP) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 115.38 and traded as low as GBX 97.50. Portmeirion Group shares last traded at GBX 97.50, with a volume of 2,415 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Portmeirion Group in a research note on Thursday, September 25th.

Portmeirion Group Stock Up 1.5%

The business has a 50-day simple moving average of GBX 98.49 and a 200-day simple moving average of GBX 115.38. The company has a debt-to-equity ratio of 41.72, a quick ratio of 0.68 and a current ratio of 1.98. The company has a market cap of £13.86 million, a price-to-earnings ratio of 159.52, a price-to-earnings-growth ratio of 0.75 and a beta of 1.24.

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.