Portmeirion Group (LON:PMP) Stock Passes Below 200-Day Moving Average – Should You Sell?

Portmeirion Group PLC (LON:PMP) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 211.96 ($2.59) and traded as low as GBX 175.67 ($2.15). Portmeirion Group shares last traded at GBX 175.67 ($2.15), with a volume of 763 shares.

Wall Street Analysts Forecast Growth

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

Portmeirion Group Stock Down 0.5 %

The company has a market cap of £24.30 million, a price-to-earnings ratio of -220.73, a PEG ratio of 0.75 and a beta of 1.24. The business has a 50-day simple moving average of GBX 198.69 and a two-hundred day simple moving average of GBX 211.96. The company has a quick ratio of 0.68, a current ratio of 1.98 and a debt-to-equity ratio of 41.72.

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.