Pebble Beach Systems Group (LON:PEB) Trading Down 21.4% – Here’s Why

Pebble Beach Systems Group plc (LON:PEB)’s share price was down 21.4% during mid-day trading on Tuesday . The stock traded as low as GBX 7.04 ($0.09) and last traded at GBX 7.66 ($0.09). Approximately 222,018 shares changed hands during trading, an increase of 176% from the average daily volume of 80,350 shares. The stock had previously closed at GBX 9.75 ($0.12).

Pebble Beach Systems Group Trading Down 21.4 %

The stock has a market cap of £9.54 million, a price-to-earnings ratio of 766.00 and a beta of 0.71. The business’s 50 day moving average is GBX 10.15 and its 200 day moving average is GBX 10.66. The company has a debt-to-equity ratio of 452.41, a current ratio of 0.60 and a quick ratio of 0.66.

Insider Transactions at Pebble Beach Systems Group

In related news, insider Chris Errington acquired 5,500,000 shares of Pebble Beach Systems Group stock in a transaction dated Thursday, October 24th. The stock was acquired at an average price of GBX 10 ($0.12) per share, for a total transaction of £550,000 ($673,029.86). Insiders own 44.72% of the company’s stock.

Pebble Beach Systems Group Company Profile

Pebble Beach Systems Group plc designs and delivers automation, integrated channel, and virtualized playout solutions for the broadcast and streaming service markets worldwide. It also provides Automation Lite, a simpler software offering that allow control of up to six channels; Playout in a box, a compact playout solution; Pebble Remote, a solution that provides real-time access to the playout environment; Pebble Control, a solution that offers connection management of IP devices for TV stations, OB trucks, and production houses; and Orchestration solutions.