The Pebble Group (LON:PEBB) Trading Up 1.6% - Time to Buy?

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a "buy" rating and set a GBX 100 ($1.36) price objective on shares of The Pebble Group in a research note on Monday, March 24th.

The Pebble Group Trading Down 1.8%

The firm has a market capitalization of £79.21 million, a P/E ratio of 14.09 and a beta of 1.14. The company has a quick ratio of 1.16, a current ratio of 1.94 and a debt-to-equity ratio of 8.25. The firm's 50-day simple moving average is GBX 42.18 and its 200-day simple moving average is GBX 42.18.

Insider Transactions at The Pebble Group

In other news, insider Christopher Lee bought 270,000 shares of the business's stock in a transaction on Friday, April 11th. The stock was acquired at an average price of GBX 37 ($0.50) per share, with a total value of £99,900 ($135,715.26). 12.02% of the stock is currently owned by corporate insiders.

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.