ProCook Group (LON:PROC) Sets New 12-Month High – Still a Buy?

Shares of ProCook Group plc (LON:PROC) reached a new 52-week high on Monday . The stock traded as high as GBX 38.39 ($0.49) and last traded at GBX 36.10 ($0.46), with a volume of 333723 shares trading hands. The stock had previously closed at GBX 35 ($0.45).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 48 ($0.62) price objective on shares of ProCook Group in a report on Wednesday, October 16th.

ProCook Group Price Performance

The firm has a market capitalization of £42.89 million, a P/E ratio of 3,900.00 and a beta of 1.12. 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 stock’s fifty day simple moving average is GBX 28.09 and its 200 day simple moving average is GBX 25.65.

About ProCook Group

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.