The Pebble Group (LON:PEBB) Hits New 1-Year Low - Time to Sell?

The Pebble Group plc (LON:PEBB - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 36 ($0.48) and last traded at GBX 36.50 ($0.49), with a volume of 235670 shares trading hands. The stock had previously closed at GBX 36.50 ($0.49).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and set a GBX 100 ($1.33) target price on shares of The Pebble Group in a research note on Monday, March 24th.

The Pebble Group Stock Down 1.4 %

The company has a debt-to-equity ratio of 8.25, a current ratio of 1.94 and a quick ratio of 1.16. The company has a 50-day moving average price of GBX 40.69 and a 200 day moving average price of GBX 44.90. The firm has a market capitalization of £59.27 million, a PE ratio of 10.54 and a beta of 1.14.

The Pebble Group (LON:PEBB - Get Free Report) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) earnings per share (EPS) for the quarter. The Pebble Group had a net margin of 4.74% and a return on equity of 6.55%. Analysts forecast that The Pebble Group plc will post 5.0724638 earnings per share for the current year.

The Pebble Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 15th will be given a GBX 1.85 ($0.02) dividend. This is an increase from The Pebble Group's previous dividend of $1.20. This represents a dividend yield of 4.62%. The ex-dividend date of this dividend is Thursday, May 15th. The Pebble Group's payout ratio is currently 29.29%.

Insiders Place Their Bets

In other The Pebble Group news, 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 ($0.60), for a total transaction of £32,551.20 ($43,280.41). Also, insider Christopher Lee bought 270,000 shares of the stock in a transaction dated Friday, April 11th. The stock was purchased at an average price of GBX 37 ($0.49) per share, with a total value of £99,900 ($132,828.08). Corporate 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.