Petards Group (LON:PEG) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Petards Group plc (LON:PEG) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 9.80 and traded as high as GBX 10.50. Petards Group shares last traded at GBX 10, with a volume of 2,696 shares trading hands.

Petards Group Stock Performance

The company’s 50 day moving average price is GBX 9.80 and its two-hundred day moving average price is GBX 10.41. The firm has a market cap of £6.07 million, a PE ratio of -14.93 and a beta of 0.23. The company has a quick ratio of 1.35, a current ratio of 0.83 and a debt-to-equity ratio of 40.27.

Petards Group (LON:PEG) last released its quarterly earnings results on Wednesday, April 15th. The company reported GBX (0.67) EPS for the quarter. The firm had revenue of GBX 1,495 million for the quarter. Petards Group had a negative return on equity of 6.73% and a negative net margin of 2.72%. As a group, sell-side analysts forecast that Petards Group plc will post 1 EPS for the current year.

About Petards Group

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.