Portmeirion Group (LON:PMP) Receives House Stock Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Portmeirion Group (LON:PMP) in a research report report published on Thursday morning, MarketBeat.com reports.

Portmeirion Group Stock Up 1.1 %

Shares of PMP opened at GBX 225 ($2.97) on Thursday. The stock has a 50 day moving average price of GBX 218.99 and a 200 day moving average price of GBX 230.21. Portmeirion Group has a one year low of GBX 200.17 ($2.64) and a one year high of GBX 310 ($4.10). The company has a debt-to-equity ratio of 30.22, a quick ratio of 0.68 and a current ratio of 2.35. The stock has a market capitalization of £30.96 million, a price-to-earnings ratio of -368.85, a PEG ratio of 0.75 and a beta of 1.24.

Portmeirion Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 14th will be given a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, November 14th. Portmeirion Group’s dividend payout ratio (DPR) is -983.61%.

About Portmeirion Group

Portmeirion Group PLC, together with its subsidiaries, manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, South Korea, North America, and internationally. It provides tableware, cookware, giftware, glassware, candles, placemats, coasters, bone china and porcelain tableware, wood, glass and metal alloy giftware and other associated homeware products under the Portmeirion, Spode, Royal Worcester, Nambé, Wax Lyrical, and Pimpernel brand names.