Insider Selling: ProCook Group (LON:PROC) Insider Sells £13,947,541.20 in Stock

ProCook Group plc (LON:PROC) insider Daniel O’Neill sold 27,348,120 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of GBX 51, for a total value of £13,947,541.20.

ProCook Group Trading Down 1.3%

Shares of PROC stock opened at GBX 53.30 on Monday. The stock has a market cap of £57.09 million, a price-to-earnings ratio of 40.38 and a beta of 0.72. The company’s 50-day moving average price is GBX 46.41 and its 200-day moving average price is GBX 38.01. ProCook Group plc has a twelve month low of GBX 26.90 and a twelve month high of GBX 54. The company has a current ratio of 0.86, a quick ratio of 0.36 and a debt-to-equity ratio of 260.98.

ProCook Group (LON:PROC) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.45 EPS for the quarter. ProCook Group had a return on equity of 16.45% and a net margin of 1.85%.The business had revenue of GBX 8,549 million during the quarter. As a group, equities analysts predict that ProCook Group plc will post 1.6107383 earnings per share for the current year.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 62 price objective on shares of ProCook Group in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 62.

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 over 70 own-brand retail stores, located across the UK.

Founded 30 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 700 colleagues, and operating from its Store Support Centre in Gloucester.

As a B Corp, a Real Living Wage employer and a certified Great Place to Work™, ProCook is committed to being a socially responsible and environmentally conscious business for the benefit of all stakeholders.