Canaccord Genuity Group Reiterates “Buy” Rating for ProCook Group (LON:PROC)

Canaccord Genuity Group reissued their buy rating on shares of ProCook Group (LON:PROC) in a research note issued to investors on Wednesday morning, LSE.Co.UK reports. Canaccord Genuity Group currently has a GBX 48 ($0.63) target price on the stock.

ProCook Group Stock Performance

LON:PROC opened at GBX 27 ($0.35) on Wednesday. The firm’s fifty day moving average is GBX 25.94 and its 200-day moving average is GBX 24.88. The company has a debt-to-equity ratio of 301.33, a quick ratio of 0.36 and a current ratio of 0.93. ProCook Group has a 52 week low of GBX 16.63 ($0.22) and a 52 week high of GBX 34 ($0.44). The firm has a market cap of £29.42 million, a P/E ratio of 2,700.00 and a beta of 1.12.

ProCook Group Company Profile

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.