Pennant International Group (LON:PEN) Stock Passes Below 200-Day Moving Average – Should You Sell?

Pennant International Group plc (LON:PENGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 25.97 ($0.32) and traded as low as GBX 24.10 ($0.30). Pennant International Group shares last traded at GBX 24.10 ($0.30), with a volume of 173,185 shares changing hands.

Pennant International Group Stock Performance

The company has a 50-day moving average of GBX 27.74 and a 200-day moving average of GBX 25.97. The firm has a market capitalization of £10.42 million, a price-to-earnings ratio of -803.33 and a beta of 0.87. The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 33.41.

Pennant International Group Company Profile

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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.

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