Pennant International Group (LON:PEN) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Pennant International Group plc (LON:PEN)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 26.48 ($0.35) and traded as low as GBX 21.67 ($0.29). Pennant International Group shares last traded at GBX 22.40 ($0.30), with a volume of 3,297 shares traded.

Pennant International Group Price Performance

The company has a market cap of £10.65 million, a price-to-earnings ratio of -2.13 and a beta of 0.87. The company’s 50 day moving average price is GBX 22.16 and its 200 day moving average price is GBX 26.48. The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 28.34.

Pennant International Group (LON:PEN) last posted its quarterly earnings results on Tuesday, September 16th. The company reported GBX (5.21) earnings per share (EPS) for the quarter. Pennant International Group had a negative return on equity of 9.60% and a negative net margin of 6.17%. Equities research analysts forecast that Pennant International Group plc will post 3.4027778 earnings per share for the current year.

About Pennant International Group

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.