ProCook Group (LON:PROC) Shares Down 2.4% – Here’s Why

ProCook Group plc (LON:PROC) was down 2.4% during trading on Thursday . The company traded as low as GBX 31.22 and last traded at GBX 31.22. Approximately 11,168 shares traded hands during trading, a decline of 63% from the average daily volume of 30,171 shares. The stock had previously closed at GBX 32.

ProCook Group Trading Down 2.4%

The company has a debt-to-equity ratio of 417.35, a current ratio of 0.81 and a quick ratio of 0.36. The firm has a market cap of £32.92 million, a price-to-earnings ratio of 27.88 and a beta of 0.84. The business’s 50-day moving average price is GBX 31.15 and its two-hundred day moving average price is GBX 33.86.

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 an expanding network of over 60 own-brand retail stores, located across the UK.

Founded over 25 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 600 colleagues, and operating from its Store Support Centre in Gloucester.