Petards Group (LON:PEG) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of Petards Group plc (LON:PEG) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 9.72 and traded as high as GBX 10.25. Petards Group shares last traded at GBX 10.10, with a volume of 53,363 shares changing hands.

Petards Group Stock Performance

The company has a debt-to-equity ratio of 40.27, a quick ratio of 1.35 and a current ratio of 0.83. The business has a 50-day moving average price of GBX 9.72 and a 200 day moving average price of GBX 10.42. The stock has a market capitalization of £6.13 million, a P/E ratio of -15.07 and a beta of 0.23.

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

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.