Pendragon (LON:PDG) Stock Passes Above Two Hundred Day Moving Average of $21.50

Pendragon PLC (LON:PDGGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 21.50 ($0.27) and traded as high as GBX 32.65 ($0.40). Pendragon shares last traded at GBX 32.30 ($0.40), with a volume of 14,503,564 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 36 ($0.44) price objective on shares of Pendragon in a report on Wednesday, September 13th.

Read Our Latest Research Report on Pendragon

Pendragon Stock Down 0.1 %

The company has a fifty day moving average of GBX 28.39 and a two-hundred day moving average of GBX 21.50. The company has a market cap of £458.38 million, a PE ratio of 1,076.67 and a beta of 0.46. The company has a debt-to-equity ratio of 143.02, a quick ratio of 0.27 and a current ratio of 0.97.

Pendragon Company Profile

(Get Free Report)

Pendragon PLC, together with its subsidiaries, operates in the automotive retail sector in the United Kingdom. The company operates through three segments: UK Motor, Software, and Leasing segments. Its UK Motor segment includes sale and servicing of vehicles in the UK; Software segment includes Licencing of Software as a Service to global automotive business users; and Leasing segment includes provision of fleet and contract hire.

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