Pennant International Group (LON:PEN) Trading Down 14.5%

Pennant International Group plc (LON:PEN) dropped 14.5% during mid-day trading on Monday . The stock traded as low as GBX 22.20 ($0.29) and last traded at GBX 23 ($0.30). Approximately 212,149 shares changed hands during mid-day trading, an increase of 198% from the average daily volume of 71,084 shares. The stock had previously closed at GBX 26.90 ($0.36).

Pennant International Group Stock Performance

The company’s fifty day simple moving average is GBX 24.91 and its 200 day simple moving average is GBX 26.78. The stock has a market capitalization of £9.67 million, a P/E ratio of -900.00 and a beta of 0.87. The company has a current ratio of 0.67, a quick ratio of 0.60 and a debt-to-equity ratio of 39.72.

Insider Activity at Pennant International Group

In other Pennant International Group news, insider Deborah Wilkinson sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of GBX 25 ($0.33), for a total value of £50,000 ($66,050.20). 38.84% of the stock is owned by corporate insiders.

About Pennant International Group

Pennant International Group plc, together with its subsidiaries, provides integrated training and support solutions, products, and services in the United Kingdom, rest of Europe, North America, and Australia. It offers generic trainers, such as generic fastener installation, hand skill, stores loading, and flying controls trainers; basic helicopter maintenance trainers; hydraulic system principles trainers; integrated avionics maintenance trainers; crew escape and safety trainers; and engine starting system trainers, as well as wiring boards.