Petards Group (LON:PEG) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Petards Group plc (LON:PEG) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.19 ($0.11) and traded as low as GBX 7.50 ($0.10). Petards Group shares last traded at GBX 7.50 ($0.10), with a volume of 2,000 shares trading hands.

Petards Group Stock Performance

The company has a quick ratio of 1.35, a current ratio of 0.96 and a debt-to-equity ratio of 27.67. The firm has a market capitalization of £4.80 million, a P/E ratio of -2.68 and a beta of 0.81. The firm’s 50-day simple moving average is GBX 7.64 and its 200-day simple moving average is GBX 8.19.

Insider Transactions at Petards Group

In other news, insider John Wakefield acquired 78,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were bought at an average cost of GBX 8 ($0.10) per share, with a total value of £6,240 ($8,076.62). 53.70% of the stock is currently owned by insiders.

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.