ProCook Group (LON:PROC) Reaches New 12-Month High – What’s Next?

ProCook Group plc (LON:PROCGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 48 and last traded at GBX 48, with a volume of 29923 shares. The stock had previously closed at GBX 47.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 62 price target on shares of ProCook Group in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 62.

Get Our Latest Research Report on PROC

ProCook Group Stock Performance

The company has a market cap of £50.62 million, a P/E ratio of 42.86 and a beta of 0.75. The business’s 50-day moving average price is GBX 37.33 and its 200 day moving average price is GBX 35.21. The company has a debt-to-equity ratio of 260.98, a quick ratio of 0.36 and a current ratio of 0.86.

ProCook Group (LON:PROCGet Free Report) last issued its earnings results on Thursday, June 25th. The company reported GBX 1.45 earnings per share (EPS) for the quarter. ProCook Group had a net margin of 1.85% and a return on equity of 16.45%. The company had revenue of GBX 8,549 million for the quarter. As a group, analysts expect that ProCook Group plc will post 1.6107383 earnings per share for the current year.

ProCook Group Company Profile

(Get Free Report)

ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through an expanding network of over 60 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.

Further Reading

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