Pendragon (LON:PDG) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Pendragon PLC (LON:PDG) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 35.55 ($0.44) and traded as high as GBX 36.05 ($0.45). Pendragon shares last traded at GBX 35.55 ($0.44), with a volume of 773,953 shares trading hands.

Pendragon Price Performance

The firm has a market capitalization of £618.57 million, a price-to-earnings ratio of 1,185.00 and a beta of 0.35. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 143.02. The company’s fifty day moving average is GBX 35.55 and its two-hundred day moving average is GBX 35.55.

About Pendragon

Pendragon PLC, together with its subsidiaries, operates in the automotive retail sector in the United Kingdom. The company operates through three segments: UK Motor, Software, and Leasing segments. Its UK Motor segment includes sale and servicing of vehicles in the UK; Software segment includes Licencing of Software as a Service to global automotive business users; and Leasing segment includes provision of fleet and contract hire.