Michael Scheepers Acquires 100,000 Shares of Portmeirion Group (LON:PMP) Stock

Portmeirion Group PLC (LON:PMP) insider Michael Scheepers bought 100,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average cost of GBX 50 per share, for a total transaction of £50,000.

Portmeirion Group Stock Performance

LON:PMP traded down GBX 2.50 during trading hours on Tuesday, reaching GBX 50. 37,763 shares of the company’s stock were exchanged, compared to its average volume of 26,647. The company has a quick ratio of 0.68, a current ratio of 1.54 and a debt-to-equity ratio of 59.99. The firm has a market capitalization of £6.90 million, a price-to-earnings ratio of -1.10, a P/E/G ratio of 0.75 and a beta of 0.45. Portmeirion Group PLC has a 1-year low of GBX 50 and a 1-year high of GBX 147.50. The company has a 50-day moving average of GBX 82.03 and a 200 day moving average of GBX 90.75.

Portmeirion Group (LON:PMP) last announced its earnings results on Wednesday, May 6th. The company reported GBX (25.30) EPS for the quarter. Portmeirion Group had a negative net margin of 6.86% and a negative return on equity of 12.61%. The business had revenue of GBX 9,106 million during the quarter. Research analysts anticipate that Portmeirion Group PLC will post 52.5900016 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Portmeirion Group in a research note on Wednesday, May 6th.

About Portmeirion Group

“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.