ProCook Group (LON:PROC) Shares Up 5.7% – Here’s Why

ProCook Group plc (LON:PROC)’s share price shot up 5.7% during mid-day trading on Friday . The stock traded as high as GBX 36.98 and last traded at GBX 36.98. 16,734 shares traded hands during trading, a decline of 60% from the average session volume of 41,947 shares. The stock had previously closed at GBX 35.

ProCook Group Price Performance

The company has a market cap of £39.00 million, a P/E ratio of 33.02 and a beta of 0.74. The company’s 50-day moving average price is GBX 35.51 and its two-hundred day moving average price is GBX 34.40. The company has a current ratio of 0.81, a quick ratio of 0.36 and a debt-to-equity ratio of 417.35.

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.