Pantheon International (LON:PIN) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Pantheon International PLC (LON:PIN)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 377.91 and traded as high as GBX 392.50. Pantheon International shares last traded at GBX 390, with a volume of 8,267,968 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “buy” rating on shares of Pantheon International in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Pantheon International presently has a consensus rating of “Buy”.

Pantheon International Stock Down 0.3%

The company’s 50-day simple moving average is GBX 393.67 and its two-hundred day simple moving average is GBX 377.91. The firm has a market capitalization of £1.55 billion, a P/E ratio of 47.49 and a beta of 0.82. The company has a debt-to-equity ratio of 11.21, a current ratio of 3.88 and a quick ratio of 37.81.

Insider Buying and Selling

In related news, insider Tony Morgan bought 15,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were bought at an average cost of GBX 401 per share, for a total transaction of £60,150. Also, insider Tim Farazmand purchased 24,750 shares of the business’s stock in a transaction on Friday, May 29th. The shares were bought at an average cost of GBX 402 per share, with a total value of £99,495. In the last three months, insiders have purchased 63,749 shares of company stock valued at $25,612,098. 0.86% of the stock is owned by company insiders.

Pantheon International Company Profile

Pantheon International Plc (PIN) is an investment trust that provides investors with differentiated access to a global, diversified portfolio of private equity-backed companies through a flexible and active investment approach. Through its commitments to some of the world’s best private equity managers that might otherwise be inaccessible to individual investors, PIN makes the private, public.

Launched in 1987 and a constituent of the FTSE 250, PIN is a company of scale and one of the longest established private equity funds on the London Stock Exchange.