The Pebble Group (LON:PEBB) Receives “Buy” Rating from Shore Capital

Shore Capital restated their buy rating on shares of The Pebble Group (LON:PEBB) in a research note published on Tuesday, MarketBeat reports.

The Pebble Group Trading Up 5.5 %

Shares of PEBB stock opened at GBX 58 ($0.73) on Tuesday. The company has a debt-to-equity ratio of 8.62, a quick ratio of 1.16 and a current ratio of 1.88. The company has a market cap of £96.88 million, a P/E ratio of 1,933.33 and a beta of 1.11. The stock has a 50 day simple moving average of GBX 62.08 and a two-hundred day simple moving average of GBX 65.21. The Pebble Group has a fifty-two week low of GBX 48.60 ($0.61) and a fifty-two week high of GBX 108 ($1.36).

The Pebble Group Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, April 4th will be given a dividend of GBX 1.20 ($0.02) per share. This represents a dividend yield of 1.92%. This is a positive change from The Pebble Group’s previous dividend of $0.60. The ex-dividend date of this dividend is Thursday, April 4th. The Pebble Group’s dividend payout ratio is presently 3,333.33%.

About The Pebble Group

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.