Portmeirion Group (LON:PMP) Shares Pass Below 200 Day Moving Average – Here’s Why

Portmeirion Group PLC (LON:PMP)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 218.02 ($2.74) and traded as low as GBX 174 ($2.19). Portmeirion Group shares last traded at GBX 178 ($2.24), with a volume of 241,079 shares traded.

Analyst Upgrades and Downgrades

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

Portmeirion Group Price Performance

The company has a 50-day moving average of GBX 211.94 and a 200-day moving average of GBX 217.91. 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 cap of £24.49 million, a price-to-earnings ratio of -222.50, a PEG ratio of 0.75 and a beta of 1.24.

Portmeirion Group Company Profile

Portmeirion Group PLC, together with its subsidiaries, manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, South Korea, North America, and internationally. It provides tableware, cookware, giftware, glassware, candles, placemats, coasters, bone china and porcelain tableware, wood, glass and metal alloy giftware and other associated homeware products under the Portmeirion, Spode, Royal Worcester, Nambé, Wax Lyrical, and Pimpernel brand names.