Petards Group (LON:PEG) Shares Up 11.6% – Still a Buy?

Shares of Petards Group plc (LON:PEG) were up 11.6% during mid-day trading on Monday . The stock traded as high as GBX 10.89 and last traded at GBX 10.64. Approximately 111,846 shares traded hands during trading, an increase of 91% from the average daily volume of 58,612 shares. The stock had previously closed at GBX 9.54.

Petards Group Price Performance

The stock has a 50-day moving average price of GBX 7.75 and a 200 day moving average price of GBX 8. The company has a debt-to-equity ratio of 27.67, a current ratio of 0.96 and a quick ratio of 1.35. The firm has a market cap of £6.46 million, a price-to-earnings ratio of -13.47 and a beta of 0.81.

Petards Group (LON:PEG) last announced its earnings results on Thursday, September 18th. The company reported GBX (0.51) earnings per share (EPS) for the quarter. Petards Group had a negative net margin of 17.77% and a negative return on equity of 24.32%. As a group, equities research analysts forecast that Petards Group plc will post 1 earnings per share for the current fiscal year.

Petards Group Company Profile

Petards Group plc, together with its subsidiaries, develops, supplies, and maintains technologies used in advanced security, surveillance, and ruggedized electronic applications in the United Kingdom, Continental Europe, and internationally. It offers rail technology solutions, such as eyeTrain, a solution for digital on-train surveillance subsystem; and RTS, a solution that provides safety for railway infrastructures by supporting rail companies and sub-contractors with resources, assets, safety, and failure management software.