Pennant International Group (LON:PEN) Stock Price Up 14.1% – Should You Buy?

Pennant International Group plc (LON:PEN) shot up 14.1% on Monday . The company traded as high as GBX 35.94 ($0.46) and last traded at GBX 33.10 ($0.43). 313,423 shares were traded during mid-day trading, an increase of 362% from the average session volume of 67,864 shares. The stock had previously closed at GBX 29 ($0.37).

Pennant International Group Stock Up 15.2 %

The company has a debt-to-equity ratio of 28.34, a quick ratio of 0.60 and a current ratio of 0.77. The company has a market capitalization of £14.44 million, a price-to-earnings ratio of -13.23 and a beta of 0.87. The stock’s fifty day simple moving average is GBX 27.29 and its two-hundred day simple moving average is GBX 26.73.

Insider Activity

In other news, insider Darren Wiggins acquired 33,274 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were purchased at an average price of GBX 26 ($0.34) per share, for a total transaction of £8,651.24 ($11,183.09). 38.93% of the stock is owned by corporate insiders.

About Pennant International Group

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.