Pebble Beach Systems Group (LON:PEB) Reaches New 1-Year Low – Here’s What Happened

Pebble Beach Systems Group plc (LON:PEB)’s share price hit a new 52-week low on Wednesday . The company traded as low as GBX 7.04 ($0.09) and last traded at GBX 9 ($0.11), with a volume of 423182 shares traded. The stock had previously closed at GBX 9.75 ($0.12).

Pebble Beach Systems Group Stock Performance

The company has a debt-to-equity ratio of 452.41, a quick ratio of 0.66 and a current ratio of 0.60. The firm’s 50 day moving average price is GBX 10.11 and its 200-day moving average price is GBX 10.63. The firm has a market capitalization of £11.20 million, a PE ratio of 900.00 and a beta of 0.71.

Insiders Place Their Bets

In related news, insider Chris Errington acquired 5,500,000 shares of the firm’s stock in a transaction on Thursday, October 24th. The shares were acquired at an average cost of GBX 10 ($0.12) per share, with a total value of £550,000 ($671,468.69). 44.72% of the stock is currently owned by company insiders.

About Pebble Beach Systems Group

Pebble Beach Systems Group plc designs and delivers automation, integrated channel, and virtualized playout solutions for the broadcast and streaming service markets worldwide. It also provides Automation Lite, a simpler software offering that allow control of up to six channels; Playout in a box, a compact playout solution; Pebble Remote, a solution that provides real-time access to the playout environment; Pebble Control, a solution that offers connection management of IP devices for TV stations, OB trucks, and production houses; and Orchestration solutions.