The Pebble Group (LON:PEBB) Hits New 1-Year Low – Should You Sell?

The Pebble Group plc (LON:PEBB)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 48 ($0.62) and last traded at GBX 48.75 ($0.63), with a volume of 106555 shares traded. The stock had previously closed at GBX 49.50 ($0.64).

Wall Street Analysts Forecast Growth

PEBB has been the topic of several research analyst reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 150 ($1.93) price objective on shares of The Pebble Group in a research note on Thursday, July 25th. Shore Capital restated a “buy” rating on shares of The Pebble Group in a report on Monday, September 9th.

The Pebble Group Stock Performance

The stock has a market capitalization of £80.28 million, a PE ratio of 1,600.00 and a beta of 1.14. 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 business’s 50-day moving average is GBX 52.91 and its two-hundred day moving average is GBX 56.42.

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.