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

Portmeirion Group PLC (LON:PMP) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 96.31 and traded as low as GBX 88.51. Portmeirion Group shares last traded at GBX 88.51, with a volume of 10,767 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Portmeirion Group in a research report on Tuesday, February 3rd.

Portmeirion Group Price Performance

The company’s fifty day moving average price is GBX 92 and its 200 day moving average price is GBX 96.29. The company has a debt-to-equity ratio of 51.63, a quick ratio of 0.68 and a current ratio of 1.74. The firm has a market capitalization of £12.20 million, a price-to-earnings ratio of 140.49, a price-to-earnings-growth 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. Recognised around the world, our brands have a combined history of over 700 years.

With a consistent track record of growth, our revenue is generated from a variety of different channels, markets, currencies and product categories.