Panther Securities (LON:PNS) Share Price Passes Below 50-Day Moving Average – What’s Next?

Panther Securities PLC (LON:PNS)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 290.44 and traded as low as GBX 270. Panther Securities shares last traded at GBX 270, with a volume of 7,500 shares trading hands.

Panther Securities Price Performance

The stock’s 50-day simple moving average is GBX 290.44 and its two-hundred day simple moving average is GBX 292.51. The company has a market capitalization of £50.33 million, a price-to-earnings ratio of 7.02 and a beta of 0.18.

About Panther Securities

Panther Securities PLC ("the Company" or "the Group") is a property investment company quoted on the AIM market (AIM). Prior to 31 December 2013 the Company was fully listed and included in the FTSE fledgling index. It was first fully listed as a public company in 1934. The Group currently owns and manages over 900 individual property units within over 120 separately designated buildings over the mainland United Kingdom. The Group specialises in property investing and managing of good secondary retail, industrial units and offices, and also owns and manages many residential flats in several town centre locations.