Petards Group (LON:PEG) Reaches New 52-Week High – Time to Buy?

Petards Group plc (LON:PEG)’s share price reached a new 52-week high on Friday . The stock traded as high as GBX 12.50 and last traded at GBX 11.50, with a volume of 15022 shares trading hands. The stock had previously closed at GBX 11.75.

Petards Group Trading Down 2.1%

The company has a debt-to-equity ratio of 37.51, a quick ratio of 1.35 and a current ratio of 0.85. The company has a 50 day simple moving average of GBX 11.17 and a two-hundred day simple moving average of GBX 9.49. The firm has a market cap of £6.98 million, a PE ratio of -14.56 and a beta of 0.81.

Insiders Place Their Bets

In other news, insider Geraint Davies purchased 100,000 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were acquired at an average price of GBX 1,025 per share, for a total transaction of £1,025,000. Insiders own 40.68% of the company’s stock.

Petards Group Company Profile

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.