Pennant International Group (LON:PEN) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Pennant International Group plc (LON:PENGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 23.69 and traded as low as GBX 19.30. Pennant International Group shares last traded at GBX 19.30, with a volume of 57,295 shares.

Pennant International Group Stock Performance

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 company has a market cap of £9.18 million, a P/E ratio of -1.84 and a beta of 0.87. The company has a 50 day moving average price of GBX 20.97 and a 200-day moving average price of GBX 23.69.

Insider Transactions at Pennant International Group

In other Pennant International Group news, insider David Joseph Clements bought 40,000 shares of the stock in a transaction on Monday, December 1st. The stock was purchased at an average price of GBX 21 per share, with a total value of £8,400. 36.98% of the stock is currently owned by corporate insiders.

Pennant International Group Company Profile

(Get Free Report)

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.

Pennant has an impressive portfolio that includes system support software (GenS, Analyzer and R4i) utilising one single source of truth database, technology led training systems covering software-based solutions, generic training devices and bespoke engineering, as well as technical services covering consultancy and technical documentation.

Today, Pennant has become a firmly established world leading supplier of systems support, technical services and training solutions, supported by a global innovative team working in offices in Europe, North America and Indo-Pacific.

Further Reading

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