Pennant International Group (LON:PEN) Shares Down 10.4% – What’s Next?

Pennant International Group plc (LON:PEN) was down 10.4% during trading on Thursday . The company traded as low as GBX 30 ($0.39) and last traded at GBX 30 ($0.39). Approximately 365,193 shares traded hands during mid-day trading, an increase of 225% from the average daily volume of 112,466 shares. The stock had previously closed at GBX 33.50 ($0.43).

Pennant International Group Stock Up 1.1 %

The company has a debt-to-equity ratio of 28.34, a current ratio of 0.77 and a quick ratio of 0.60. The company has a market cap of £13.34 million, a P/E ratio of -12.22 and a beta of 0.87. The stock has a 50-day moving average of GBX 28.36 and a 200 day moving average of GBX 27.29.

Insider Buying and Selling

In other Pennant International Group news, insider Darren Wiggins bought 33,274 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of GBX 26 ($0.34) per share, for a total transaction of £8,651.24 ($11,170.10). 38.93% of the stock is owned by company insiders.

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.