Portmeirion Group (LON:PMP) Stock Crosses Below 200 Day Moving Average – What’s Next?

Portmeirion Group PLC (LON:PMP)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 193.59 ($2.52) and traded as low as GBX 123 ($1.60). Portmeirion Group shares last traded at GBX 129.60 ($1.68), with a volume of 10,324 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Portmeirion Group in a research report on Friday, December 13th.

Portmeirion Group Stock Down 1.1 %

The company has a current ratio of 1.98, a quick ratio of 0.68 and a debt-to-equity ratio of 41.72. The business has a 50-day moving average price of GBX 158.12 and a 200-day moving average price of GBX 193.01. The firm has a market cap of £19.04 million, a P/E ratio of -1.73, a P/E/G 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.