Pennant International Group (LON:PEN) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Pennant International Group plc (LON:PEN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 27.43 ($0.35) and traded as high as GBX 28.50 ($0.37). Pennant International Group shares last traded at GBX 27 ($0.35), with a volume of 86,783 shares traded.

Pennant International Group Trading Down 5.3 %

The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 28.34. The business has a 50 day moving average price of GBX 28.97 and a 200-day moving average price of GBX 27.44. The firm has a market capitalization of £11.67 million, a PE ratio of -10.69 and a beta of 0.87.

Insiders Place Their Bets

In other news, insider Darren Wiggins purchased 33,274 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was acquired at an average price of GBX 26 ($0.34) per share, with a total value of £8,651.24 ($11,155.69). 38.93% of the stock is currently owned by company insiders.

Pennant International Group Company Profile

Pennant, Maximising Operational Efficiency.

Pennant ensures systems are where they are needed, when they are needed and that they work, by providing systems support and training solutions to defence departments and major OEMs worldwide to maximise operational and maintenance efficiency. Other industries include space, aerospace, rail and shipping.