Portmeirion Group (LON:PMP) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Portmeirion Group PLC (LON:PMP) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 205.53 ($2.56) and traded as low as GBX 163.72 ($2.04). Portmeirion Group shares last traded at GBX 163.72 ($2.04), with a volume of 4,223 shares trading hands.

Wall Street Analyst Weigh In

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

Portmeirion Group Price Performance

The firm has a 50-day moving average price of GBX 180.79 and a 200 day moving average price of GBX 205.53. 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 stock has a market capitalization of £22.53 million, a P/E ratio of -204.65, a price-to-earnings-growth ratio of 0.75 and a beta of 1.24.

Portmeirion Group Company Profile

“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.