Petards Group (LON:PEG) Shares Pass Below 200-Day Moving Average – Time to Sell?

Petards Group plc (LON:PEG)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 10.35 and traded as low as GBX 9. Petards Group shares last traded at GBX 9, with a volume of 10,231 shares.

Petards Group Stock Performance

The company has a quick ratio of 1.35, a current ratio of 0.83 and a debt-to-equity ratio of 40.27. The stock has a market cap of £5.46 million, a price-to-earnings ratio of -13.43 and a beta of 0.24. The company’s 50-day simple moving average is GBX 10.46 and its 200-day simple moving average is GBX 10.35.

Petards Group (LON:PEG) last released its earnings results on Wednesday, April 15th. The company reported GBX (0.67) earnings per share (EPS) for the quarter. The business had revenue of GBX 1,495 million during the quarter. Petards Group had a negative net margin of 2.72% and a negative return on equity of 6.73%. Analysts predict that Petards Group plc will post 1 EPS for the current fiscal year.

About Petards Group

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.