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

Petards Group plc (LON:PEG)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 9.80 and traded as high as GBX 10.50. Petards Group shares last traded at GBX 10, with a volume of 2,696 shares.

Petards Group Price Performance

The firm’s 50-day moving average price is GBX 9.80 and its 200-day moving average price is GBX 10.41. The company has a current ratio of 0.83, a quick ratio of 1.35 and a debt-to-equity ratio of 40.27. The stock has a market capitalization of £6.07 million, a PE ratio of -14.93 and a beta of 0.23.

Petards Group (LON:PEG) last released its quarterly earnings results on Wednesday, April 15th. The company reported GBX (0.67) EPS for the quarter. Petards Group had a negative return on equity of 6.73% and a negative net margin of 2.72%.The company had revenue of GBX 1,495 million during the quarter. On average, equities analysts forecast 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.