Pennant International Group (LON:PEN) Shares Cross Below 200 Day Moving Average – What’s Next?

Pennant International Group plc (LON:PENGet Free Report)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 27.53 ($0.36) and traded as low as GBX 27.02 ($0.36). Pennant International Group shares last traded at GBX 27.25 ($0.36), with a volume of 192,682 shares.

Pennant International Group Stock Performance

The stock has a market capitalization of £12.32 million, a P/E ratio of -11.29 and a beta of 0.87. The company has a quick ratio of 0.60, a current ratio of 0.77 and a debt-to-equity ratio of 28.34. The business has a fifty day moving average price of GBX 29.05 and a 200-day moving average price of GBX 27.55.

Insider Activity

In other news, insider Darren Wiggins purchased 33,274 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average cost of GBX 26 ($0.34) per share, for a total transaction of £8,651.24 ($11,451.01). Company insiders own 38.93% of the company’s stock.

Pennant International Group Company Profile

(Get Free Report)

Pennant, Maximising Operational Efficiency.

Pennant ensures systems are where they are needed, when they are needed and that they work, by providing systems support and training solutions to defence departments and major OEMs worldwide to maximise operational and maintenance efficiency. Other industries include space, aerospace, rail and shipping.

See Also

Receive News & Ratings for Pennant International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pennant International Group and related companies with MarketBeat.com's FREE daily email newsletter.