The Pebble Group (LON:PEBB) Shares Up 1.6% - What's Next?

Shares of The Pebble Group plc (LON:PEBB - Get Free Report) shot up 1.6% during trading on Wednesday . The company traded as high as GBX 50 ($0.68) and last traded at GBX 49.80 ($0.68). 19,801 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 589,566 shares. The stock had previously closed at GBX 49 ($0.67).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 100 ($1.36) target price on shares of The Pebble Group in a report on Monday, March 24th.

The Pebble Group Price Performance

The company has a 50 day moving average price of GBX 41.88 and a 200 day moving average price of GBX 42.13. The company has a market capitalization of £81.99 million, a price-to-earnings ratio of 14.59 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.

Insider Activity at The Pebble Group

In related news, insider Christopher Lee acquired 270,000 shares of the firm's stock in a transaction that occurred on Friday, April 11th. The stock was acquired at an average cost of GBX 37 ($0.50) per share, with a total value of £99,900 ($135,770.59). 12.02% of the stock is currently owned by company insiders.

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.

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