ProCook Group (LON:PROC) Stock Price Down 4.1% – Here’s What Happened

ProCook Group plc (LON:PROC)’s stock price was down 4.1% during trading on Monday . The stock traded as low as GBX 33.80 and last traded at GBX 33.80. Approximately 41,808 shares traded hands during trading, an increase of 78% from the average daily volume of 23,435 shares. The stock had previously closed at GBX 35.25.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 54 target price on shares of ProCook Group in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 54.

ProCook Group Stock Performance

The firm has a fifty day moving average price of GBX 36.20 and a 200 day moving average price of GBX 37.58. The company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 301.33. The firm has a market cap of £33.11 million, a PE ratio of 28.04 and a beta of 1.12.

ProCook Group (LON:PROC) last announced its quarterly earnings data on Wednesday, December 10th. The company reported GBX (2.03) earnings per share (EPS) for the quarter. ProCook Group had a net margin of 0.97% and a return on equity of 7.65%. As a group, equities research analysts expect that ProCook Group plc will post 1.6107383 earnings per share for the current fiscal year.

About ProCook Group

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.