Pennant International Group (LON:PEN) Stock Price Down 14.3% – Here’s What Happened

Pennant International Group plc (LON:PENGet Free Report)’s stock price traded down 14.3% on Friday . The company traded as low as GBX 20 ($0.27) and last traded at GBX 24 ($0.32). 231,900 shares changed hands during mid-day trading, an increase of 151% from the average session volume of 92,497 shares. The stock had previously closed at GBX 28 ($0.38).

Pennant International Group Price Performance

The stock has a 50-day moving average of GBX 29.03 and a two-hundred day moving average of GBX 28.95. The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 28.34. The firm has a market cap of £10.38 million, a price-to-earnings ratio of -9.50 and a beta of 0.87.

Pennant International Group Company Profile

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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.

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