ProCook Group (LON:PROC) Shares Up 8% – Here’s What Happened

ProCook Group plc (LON:PROC) shares shot up 8% during trading on Thursday . The stock traded as high as GBX 37.80 and last traded at GBX 37.80. 24,528 shares changed hands during trading, a decline of 42% from the average session volume of 42,547 shares. The stock had previously closed at GBX 35.

ProCook Group Stock Performance

The firm has a fifty day moving average price of GBX 33.68 and a 200 day moving average price of GBX 34.17. The company has a debt-to-equity ratio of 417.35, a quick ratio of 0.36 and a current ratio of 0.81. The stock has a market cap of £37.01 million, a PE ratio of 31.34 and a beta of 0.71.

ProCook Group Company Profile

ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through an expanding network of over 60 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.