Pennant International Group (LON:PEN) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Pennant International Group plc (LON:PEN) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 27.43 ($0.35) and traded as high as GBX 28.50 ($0.37). Pennant International Group shares last traded at GBX 27 ($0.35), with a volume of 86,783 shares traded.

Pennant International Group Stock Performance

The company has a market cap of £11.67 million, a PE ratio of -10.69 and a beta of 0.87. The company has a debt-to-equity ratio of 28.34, a quick ratio of 0.60 and a current ratio of 0.77. The firm’s 50 day moving average is GBX 28.97 and its 200-day moving average is GBX 27.43.

Insider Activity

In related news, insider Darren Wiggins purchased 33,274 shares of Pennant International Group stock in a transaction dated Monday, February 3rd. The shares were acquired at an average price of GBX 26 ($0.34) per share, for a total transaction of £8,651.24 ($11,160.01). 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.