Petards Group (LON:PEG) Shares Cross Below 50 Day Moving Average – What’s Next?

Petards Group plc (LON:PEG)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 11.01 and traded as low as GBX 10.59. Petards Group shares last traded at GBX 11.69, with a volume of 29,422 shares traded.

Petards Group Stock Up 6.7%

The stock has a fifty day moving average price of GBX 11.01 and a 200 day moving average price of GBX 9.40. The company has a debt-to-equity ratio of 37.51, a current ratio of 0.85 and a quick ratio of 1.35. The stock has a market capitalization of £7.28 million, a P/E ratio of -15.19 and a beta of 0.81.

Insider Activity at Petards Group

In related news, insider Geraint Davies purchased 100,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was purchased at an average cost of GBX 1,025 per share, with a total value of £1,025,000. 40.68% of the stock is owned by insiders.

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.