The Pebble Group (LON:PEBB) Shares Down 1.5% - Here's Why

Key Points

• The Pebble Group's shares fell by 1.5% to GBX 51.20 during mid-day trading, with volume down 56% from the average session.
• Analysts maintain a "buy" rating, with Liberum Capital setting a price target of GBX 95 and an average price target of GBX 97.50.
• Insiders have recently sold significant shares, including Christopher Lee and Claire Louise Thomson, indicating potential concerns or a strategic move within the company.

The Pebble Group plc (LON:PEBB - Get Free Report)'s share price fell 1.5% on Tuesday . The stock traded as low as GBX 51 ($0.69) and last traded at GBX 51.20 ($0.69). 245,139 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 562,664 shares. The stock had previously closed at GBX 52 ($0.70).

Analyst Ratings Changes

Separately, Liberum Capital reiterated a "buy" rating and issued a GBX 95 price target on shares of The Pebble Group in a research report on Tuesday, September 9th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of GBX 97.50.

The Pebble Group Stock Performance

The company's fifty day simple moving average is GBX 53.58 and its 200 day simple moving average is GBX 45.40. The stock has a market capitalization of £75.91 million, a P/E ratio of 1,340.31 and a beta of 1.14. 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 issued its quarterly earnings data on Tuesday, September 9th. The company reported GBX 1.21 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%. As a group, sell-side analysts forecast that The Pebble Group plc will post 5.0724638 earnings per share for the current fiscal year.

Insider Transactions at The Pebble Group

In other news, insider Christopher Lee sold 425,585 shares of the company's stock in a transaction on Monday, August 11th. The shares were sold at an average price of GBX 61, for a total value of £259,606.85. Also, insider Claire Louise Thomson sold 194,494 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of GBX 61, for a total transaction of £118,641.34. Company insiders own 6.46% of the company's stock.

About The Pebble Group

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.

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