ProCook Group (LON:PROC) Stock Price Down 0.4% – Here’s Why

Shares of ProCook Group plc (LON:PROC) were down 0.4% during trading on Monday . The stock traded as low as GBX 25.36 ($0.33) and last traded at GBX 25.90 ($0.34). Approximately 10,515 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 25,240 shares. The stock had previously closed at GBX 26 ($0.34).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 48 ($0.63) target price on shares of ProCook Group in a research note on Wednesday.

ProCook Group Price Performance

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 company’s 50 day moving average is GBX 25.85 and its 200 day moving average is GBX 24.87. The stock has a market cap of £29.42 million, a price-to-earnings ratio of 2,700.00 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.