Pennant International Group (LON:PEN) Shares Up 12.2% – What’s Next?

Pennant International Group plc (LON:PEN)’s stock price was up 12.2% during trading on Wednesday . The stock traded as high as GBX 29.10 ($0.38) and last traded at GBX 27.50 ($0.36). Approximately 93,608 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 73,336 shares. The stock had previously closed at GBX 24.50 ($0.32).

Pennant International Group Stock Up 12.2 %

The company has a market cap of £11.89 million, a P/E ratio of -916.67 and a beta of 0.87. The stock has a 50-day moving average of GBX 25 and a two-hundred day moving average of GBX 25.96. The company has a debt-to-equity ratio of 33.41, a quick ratio of 0.60 and a current ratio of 0.77.

Insider Buying and Selling at Pennant International Group

In other news, insider Klaas van der Leest bought 42,500 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were purchased at an average price of GBX 24 ($0.31) per share, for a total transaction of £10,200 ($13,243.31). In related news, insider Klaas van der Leest acquired 42,500 shares of the firm’s stock in a transaction dated Monday, September 23rd. The shares were purchased at an average price of GBX 24 ($0.31) per share, with a total value of £10,200 ($13,243.31). Also, insider Deborah Wilkinson sold 200,000 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of GBX 25 ($0.32), for a total transaction of £50,000 ($64,918.20). Insiders own 38.93% of the company’s stock.

Pennant International Group Company Profile

Pennant International Group plc, together with its subsidiaries, provides integrated training and support solutions, products, and services in the United Kingdom, rest of Europe, North America, and Australia. It offers generic trainers, such as generic fastener installation, hand skill, stores loading, and flying controls trainers; basic helicopter maintenance trainers; hydraulic system principles trainers; integrated avionics maintenance trainers; crew escape and safety trainers; and engine starting system trainers, as well as wiring boards.