Portmeirion Group (LON:PMP) Receives House Stock Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Portmeirion Group (LON:PMP) in a research note issued to investors on Friday, MarketBeat.com reports.

Portmeirion Group Price Performance

Shares of Portmeirion Group stock opened at GBX 174 ($2.20) on Friday. 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 has a market capitalization of £23.94 million, a price-to-earnings ratio of -217.50, a price-to-earnings-growth ratio of 0.75 and a beta of 1.24. Portmeirion Group has a twelve month low of GBX 160 ($2.02) and a twelve month high of GBX 310 ($3.91). The company has a 50-day simple moving average of GBX 216.58 and a two-hundred day simple moving average of GBX 220.09.

Portmeirion Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 14th were paid a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 0.67%. The ex-dividend date was Thursday, November 14th. Portmeirion Group’s dividend payout ratio (DPR) is currently -500.00%.

About Portmeirion Group

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.