Petards Group (LON:PEG) Stock Passes Above 50-Day Moving Average – Here’s Why

Shares of Petards Group plc (LON:PEGGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 8.75 and traded as high as GBX 11. Petards Group shares last traded at GBX 9.61, with a volume of 16,924 shares.

Petards Group Price Performance

The stock has a fifty day moving average of GBX 8.75 and a 200-day moving average of GBX 8.28. The company has a quick ratio of 1.35, a current ratio of 0.96 and a debt-to-equity ratio of 27.67. The firm has a market capitalization of £6.65 million, a P/E ratio of -13.86 and a beta of 0.81.

Petards Group Company Profile

(Get Free Report)

Petards Group plc, together with its subsidiaries, develops, supplies, and maintains technologies used in advanced security, surveillance, and ruggedized electronic applications in the United Kingdom, Continental Europe, and internationally. It offers rail technology solutions, such as eyeTrain, a solution for digital on-train surveillance subsystem; and RTS, a solution that provides safety for railway infrastructures by supporting rail companies and sub-contractors with resources, assets, safety, and failure management software.

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