Canaccord Genuity Group Reaffirms Buy Rating for ProCook Group (LON:PROC)

ProCook Group (LON:PROC)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity Group in a research note issued to investors on Wednesday, MarketBeat reports. They currently have a GBX 48 ($0.61) price objective on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 33.33% from the company’s current price.

ProCook Group Stock Up 2.9 %

Shares of LON PROC opened at GBX 36 ($0.46) on Wednesday. The company has a debt-to-equity ratio of 301.33, a current ratio of 0.93 and a quick ratio of 0.36. The company has a market cap of £39.23 million, a P/E ratio of 3,600.00 and a beta of 1.12. ProCook Group has a 1 year low of GBX 16.63 ($0.21) and a 1 year high of GBX 41.60 ($0.53). The firm has a 50-day simple moving average of GBX 32.23 and a two-hundred day simple moving average of GBX 27.22.

ProCook Group Company Profile

ProCook Group plc, through its subsidiaries, engages in the sale of kitchenware and related products in the United Kingdom. The company operates in two segments, Ecommerce and Retail. It offers a range of cookware and tableware products, and kitchen accessories; and holds properties. The company was founded in 1996 and is headquartered in Gloucester, the United Kingdom.