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

ProCook Group plc (LON:PROC)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 34 ($0.44) and last traded at GBX 30.93 ($0.40), with a volume of 592015 shares trading hands. The stock had previously closed at GBX 33 ($0.43).

Wall Street Analysts Forecast Growth

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

ProCook Group Stock Performance

The firm has a 50 day moving average of GBX 26.26 and a two-hundred day moving average of GBX 24.98. 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 has a market cap of £32.69 million, a PE ratio of 3,000.00 and a beta of 1.12.

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.