The Pebble Group (LON:PEBB) Stock Price Down 1.9% – Time to Sell?

The Pebble Group plc (LON:PEBB)’s stock price was down 1.9% on Tuesday . The company traded as low as GBX 50.10 ($0.65) and last traded at GBX 51.50 ($0.67). Approximately 15,652 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 402,169 shares. The stock had previously closed at GBX 52.50 ($0.68).

Wall Street Analyst Weigh In

PEBB has been the topic of several research reports. Berenberg Bank reiterated a “buy” rating and set a GBX 150 ($1.95) price target on shares of The Pebble Group in a research report on Thursday, July 25th. Shore Capital reiterated a “buy” rating on shares of The Pebble Group in a research report on Monday, September 9th.

The Pebble Group Price Performance

The stock has a 50-day simple moving average of GBX 55.54 and a 200 day simple moving average of GBX 57.71. The stock has a market capitalization of £84.42 million, a P/E ratio of 1,670.00 and a beta of 1.14. The company has a debt-to-equity ratio of 8.25, a quick ratio of 1.16 and a current ratio of 1.94.

The Pebble Group Company Profile

The Pebble Group plc sells digital commerce, products, and related services to the promotional merchandise industry in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Brand Addition and Facilisgroup. The company is involved in the design, sourcing, and delivery of promotional products and related services to various brands operating in the engineering, financial services, health, beauty, FMCG, technology, transport, and other sectors.