ProCook Group (LON:PROC) Reaches New 12-Month High – Should You Buy?

ProCook Group plc (LON:PROC) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 34 ($0.44) and last traded at GBX 30.93 ($0.40), with a volume of 592015 shares trading hands. The stock had previously closed at GBX 33 ($0.43).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 48 ($0.62) price objective on shares of ProCook Group in a research report on Wednesday, October 16th.

ProCook Group Trading Down 6.3 %

The company has a market cap of £33.70 million, a P/E ratio of 3,100.00 and a beta of 1.12. The business’s 50-day moving average price is GBX 26.14 and its 200 day moving average price is GBX 24.94. The company has a debt-to-equity ratio of 301.33, a quick ratio of 0.36 and a current ratio of 0.93.

About ProCook Group

ProCook Group plc, through its subsidiaries, engages in the sale of kitchenware and related products in the United Kingdom. The company operates in two segments, Ecommerce and Retail. It offers a range of cookware and tableware products, and kitchen accessories; and holds properties. The company was founded in 1996 and is headquartered in Gloucester, the United Kingdom.