Pennant International Group (LON:PEN) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Pennant International Group plc (LON:PEN)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 27.36 ($0.35) and traded as high as GBX 29 ($0.38). Pennant International Group shares last traded at GBX 28.10 ($0.36), with a volume of 58,895 shares.

Pennant International Group Trading Down 1.4 %

The stock has a market cap of £12.15 million, a PE ratio of -11.13 and a beta of 0.87. The company’s fifty day moving average is GBX 28.58 and its 200-day moving average is GBX 27.36. The company has a debt-to-equity ratio of 28.34, a current ratio of 0.77 and a quick ratio of 0.60.

Insider Buying and Selling at Pennant International Group

In other news, insider Darren Wiggins acquired 33,274 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were acquired at an average price of GBX 26 ($0.34) per share, with a total value of £8,651.24 ($11,200.47). Company insiders own 38.93% 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.