Petards Group (LON:PEG) Shares Pass Below 200-Day Moving Average – Here’s Why

Petards Group plc (LON:PEG) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 8.17 ($0.10) and traded as low as GBX 7.74 ($0.10). Petards Group shares last traded at GBX 7.74 ($0.10), with a volume of 15,000 shares changing hands.

Petards Group Stock Performance

The stock has a fifty day moving average of GBX 7.72 and a two-hundred day moving average of GBX 8.17. The company has a market capitalization of £5.11 million, a PE ratio of -2.86 and a beta of 0.81. The company has a current ratio of 0.96, a quick ratio of 1.35 and a debt-to-equity ratio of 27.67.

Insider Transactions at Petards Group

In other Petards Group news, insider John Wakefield bought 78,000 shares of the firm’s stock in a transaction dated Thursday, February 6th. The stock was acquired at an average price of GBX 8 ($0.10) per share, for a total transaction of £6,240 ($7,929.85). Insiders own 53.70% of the company’s stock.

About Petards Group

Petards Group plc, together with its subsidiaries, develops, supplies, and maintains technologies used in advanced security, surveillance, and ruggedized electronic applications in the United Kingdom, Continental Europe, and internationally. It offers rail technology solutions, such as eyeTrain, a solution for digital on-train surveillance subsystem; and RTS, a solution that provides safety for railway infrastructures by supporting rail companies and sub-contractors with resources, assets, safety, and failure management software.