ProCook Group (LON:PROC) Insider Daniel O?Neill Sells 27,348,120 Shares of Stock

ProCook Group plc (LON:PROC) insider Daniel O?Neill sold 27,348,120 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of GBX 51, for a total transaction of £13,947,541.20.

ProCook Group Stock Performance

LON PROC opened at GBX 53.30 on Friday. The company has a debt-to-equity ratio of 260.98, a current ratio of 0.86 and a quick ratio of 0.36. The stock’s 50 day simple moving average is GBX 46.08 and its 200-day simple moving average is GBX 37.86. The company has a market cap of £57.09 million, a PE ratio of 40.38 and a beta of 0.72. ProCook Group plc has a 1-year low of GBX 26.90 and a 1-year high of GBX 54.

ProCook Group (LON:PROC) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.45 earnings per share (EPS) for the quarter. The business had revenue of GBX 8,549 million during the quarter. ProCook Group had a return on equity of 16.45% and a net margin of 1.85%. As a group, equities research analysts anticipate that ProCook Group plc will post 1.6107383 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated 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, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 62.

About ProCook Group

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 over 70 own-brand retail stores, located across the UK.

Founded 30 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 700 colleagues, and operating from its Store Support Centre in Gloucester.

As a B Corp, a Real Living Wage employer and a certified Great Place to Work™, ProCook is committed to being a socially responsible and environmentally conscious business for the benefit of all stakeholders.