Portmeirion Group (LON:PMP) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Portmeirion Group PLC (LON:PMP)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 193.59 ($2.51) and traded as low as GBX 123 ($1.60). Portmeirion Group shares last traded at GBX 129.60 ($1.68), with a volume of 10,324 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Portmeirion Group in a research note on Friday, December 13th.

Portmeirion Group Trading Up 2.8 %

The stock has a market capitalization of £17.83 million, a P/E ratio of -1.62, a P/E/G ratio of 0.75 and a beta of 1.24. The firm’s 50 day moving average price is GBX 158.86 and its 200 day moving average price is GBX 193.59. The company has a debt-to-equity ratio of 41.72, a current ratio of 1.98 and a quick ratio of 0.68.

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.