The Pebble Group (LON:PEBB) Reaches New 1-Year Low – Here’s What Happened

The Pebble Group plc (LON:PEBB) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 36.25 ($0.46) and last traded at GBX 36.65 ($0.47), with a volume of 1640514 shares changing hands. The stock had previously closed at GBX 38.40 ($0.49).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 100 ($1.27) target price on shares of The Pebble Group in a report on Monday, March 24th.

The Pebble Group Stock Down 4.6 %

The company has a current ratio of 1.94, a quick ratio of 1.16 and a debt-to-equity ratio of 8.25. The firm’s 50 day moving average price is GBX 42.67 and its two-hundred day moving average price is GBX 46.15. The company has a market capitalization of £60.34 million, a price-to-earnings ratio of 10.73 and a beta of 1.14.

The Pebble Group (LON:PEBB) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) earnings per share for the quarter. The Pebble Group had a return on equity of 6.55% and a net margin of 4.74%. Sell-side analysts anticipate that The Pebble Group plc will post 5.0724638 earnings per share for the current fiscal year.

The Pebble Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 15th will be issued a dividend of GBX 1.85 ($0.02) per share. The ex-dividend date is Thursday, May 15th. This is a positive change from The Pebble Group’s previous dividend of $1.20. This represents a dividend yield of 4.62%. The Pebble Group’s payout ratio is presently 29.29%.

Insider Buying and Selling at The Pebble Group

In other The Pebble Group news, insider Claire Louise Thomson sold 72,336 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of GBX 45 ($0.57), for a total transaction of £32,551.20 ($41,434.83). Insiders own 12.02% of the company’s stock.

The Pebble Group Company Profile

The Pebble Group plc (www.thepebblegroup.com) is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market: Facilisgroup (www.facilisgroup.com) and Brand Addition (www.brandaddition.com).

Facilisgroup focuses on supporting the growth of mid-sized promotional product businesses in North America by providing a digital commerce platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.

Brand Addition focuses upon providing promotional products and related services under contract to some of the world’s most recognisable brands.