Portmeirion Group (LON:PMP) Sets New 1-Year Low – Here’s Why

Shares of Portmeirion Group PLC (LON:PMP) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 90 and last traded at GBX 95, with a volume of 310025 shares traded. The stock had previously closed at GBX 97.50.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Portmeirion Group in a research note on Tuesday.

Portmeirion Group Trading Down 2.6%

The company has a debt-to-equity ratio of 41.72, a quick ratio of 0.68 and a current ratio of 1.98. The company has a market cap of £13.10 million, a price-to-earnings ratio of 150.79, a P/E/G ratio of 0.75 and a beta of 1.24. The company’s fifty day moving average is GBX 97.80 and its two-hundred day moving average is GBX 111.93.

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.