ProCook Group (LON:PROC) Shares Down 1.2% – Here’s Why

ProCook Group plc (LON:PROC) shares dropped 1.2% during mid-day trading on Monday . The stock traded as low as GBX 33.92 ($0.43) and last traded at GBX 34.10 ($0.43). Approximately 15,436 shares were traded during trading, a decline of 68% from the average daily volume of 47,608 shares. The stock had previously closed at GBX 34.50 ($0.44).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 48 ($0.61) price objective on shares of ProCook Group in a research note on Wednesday, October 16th.

ProCook Group Stock Performance

The company has a quick ratio of 0.36, a current ratio of 0.93 and a debt-to-equity ratio of 301.33. The stock has a market capitalization of £37.16 million, a P/E ratio of 3,476.40 and a beta of 1.12. The company has a fifty day simple moving average of GBX 31.06 and a two-hundred day simple moving average of GBX 26.78.

ProCook Group Company Profile

ProCook Group plc, through its subsidiaries, engages in the sale of kitchenware and related products in the United Kingdom. The company operates in two segments, Ecommerce and Retail. It offers a range of cookware and tableware products, and kitchen accessories; and holds properties. The company was founded in 1996 and is headquartered in Gloucester, the United Kingdom.