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

Portmeirion Group PLC (LON:PMP) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 211.96 ($2.58) and traded as low as GBX 175.67 ($2.14). Portmeirion Group shares last traded at GBX 175.67 ($2.14), with a volume of 763 shares trading hands.

Analysts Set New Price Targets

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

Portmeirion Group Stock Performance

The company’s 50-day moving average is GBX 195.82 and its two-hundred day moving average is GBX 211.12. 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 company has a market cap of £24.18 million, a P/E ratio of -219.65, a price-to-earnings-growth ratio of 0.75 and a beta of 1.24.

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.