The Pebble Group (LON:PEBB) Sets New 52-Week Low – Time to Sell?

The Pebble Group plc (LON:PEBB)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 36 ($0.47) and last traded at GBX 36.50 ($0.48), with a volume of 235670 shares. The stock had previously closed at GBX 36.50 ($0.48).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 100 ($1.32) price target on shares of The Pebble Group in a report on Monday, March 24th.

The Pebble Group Stock Performance

The company has a market cap of £60.10 million, a price-to-earnings ratio of 10.69 and a beta of 1.14. The business has a fifty day simple moving average of GBX 41.43 and a 200 day simple moving average of GBX 45.34. The company has a quick ratio of 1.16, a current ratio of 1.94 and a debt-to-equity ratio of 8.25.

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

The Pebble Group Increases Dividend

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

Insider Buying and Selling at The Pebble Group

In other news, insider Christopher Lee bought 270,000 shares of the stock in a transaction on Friday, April 11th. The stock was purchased at an average cost of GBX 37 ($0.49) per share, with a total value of £99,900 ($131,724.68). Also, insider Claire Louise Thomson sold 72,336 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of GBX 45 ($0.59), for a total value of £32,551.20 ($42,920.89). 12.02% of the stock is owned by insiders.

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.