Pennant International Group (LON:PEN) Sets New 12-Month Low – Here’s Why

Pennant International Group plc (LON:PEN) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 20 and last traded at GBX 20, with a volume of 87011 shares trading hands. The stock had previously closed at GBX 21.

Pennant International Group Stock Performance

The firm’s 50 day simple moving average is GBX 21.46 and its 200 day simple moving average is GBX 24.87. The firm has a market capitalization of £9.51 million, a price-to-earnings ratio of -1.90 and a beta of 0.87. The company has a debt-to-equity ratio of 28.34, a quick ratio of 0.60 and a current ratio of 0.77.

Pennant International Group (LON:PEN) last issued its earnings results on Tuesday, September 16th. The company reported GBX (5.21) earnings per share (EPS) for the quarter. Pennant International Group had a negative return on equity of 9.60% and a negative net margin of 6.17%. Sell-side analysts forecast that Pennant International Group plc will post 3.4027778 earnings per share for the current fiscal year.

Insider Buying and Selling at Pennant International Group

In related news, insider David Joseph Clements acquired 40,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was acquired at an average price of GBX 21 per share, with a total value of £8,400. Insiders own 36.98% of the company’s stock.

Pennant International Group Company Profile

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.