The Pebble Group (LON:PEBB) Hits New 12-Month Low - Here's Why

The Pebble Group plc (LON:PEBB - Get Free Report)'s share price reached a new 52-week low on Monday . The stock traded as low as GBX 38.20 ($0.49) and last traded at GBX 39.13 ($0.51), with a volume of 137937 shares changing hands. The stock had previously closed at GBX 40 ($0.52).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 100 ($1.29) target price on shares of The Pebble Group in a research report on Monday.

The Pebble Group Trading Down 0.5 %

The company has a market capitalization of £63.06 million, a PE ratio of 11.22 and a beta of 1.14. The stock has a fifty day moving average of GBX 43.90 and a two-hundred day moving average of GBX 47.09. 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 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%. As a group, 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 business also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be paid a GBX 1.85 ($0.02) dividend. This is a boost from The Pebble Group's previous dividend of $1.20. This represents a yield of 4.62%. The ex-dividend date of this dividend is Thursday, May 15th. The Pebble Group's payout ratio is 29.29%.

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Insider Activity

In other news, insider Claire Louise Thomson sold 72,336 shares of the company's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of GBX 45 ($0.58), for a total transaction of £32,551.20 ($42,142.93). 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.