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

Portmeirion Group PLC (LON:PMP)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Analyst Ratings Changes

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

Portmeirion Group Price Performance

The company has a quick ratio of 0.68, a current ratio of 1.98 and a debt-to-equity ratio of 41.72. The stock’s 50-day moving average price is GBX 211.94 and its 200 day moving average price is GBX 218.02. The firm has a market cap of £24.49 million, a price-to-earnings ratio of -222.50, a price-to-earnings-growth 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.