Pensana (LON:PRE) Trading Down 4.3% – Time to Sell?

Pensana Plc (LON:PRE)’s stock price fell 4.3% during trading on Friday . The company traded as low as GBX 22 ($0.28) and last traded at GBX 22 ($0.28). 661,988 shares were traded during mid-day trading, a decline of 10% from the average session volume of 734,415 shares. The stock had previously closed at GBX 23 ($0.29).

Pensana Stock Down 4.3 %

The company has a quick ratio of 1.03, a current ratio of 0.15 and a debt-to-equity ratio of 21.17. The stock has a 50 day moving average of GBX 25.14 and a 200 day moving average of GBX 22.12. The firm has a market capitalization of £81.32 million, a price-to-earnings ratio of -16.54 and a beta of 0.68.

Insiders Place Their Bets

In other Pensana news, insider Robert Kaplan sold 315,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of GBX 26 ($0.33), for a total value of £81,900 ($103,083.70). Also, insider Paul Campbell Atherley purchased 10,000 shares of the business’s stock in a transaction dated Thursday, January 23rd. The shares were acquired at an average cost of GBX 29 ($0.37) per share, for a total transaction of £2,900 ($3,650.09). 38.68% of the stock is currently owned by corporate insiders.

About Pensana

Building the world’s first sustainable magnet metal supply chain to meet the burgeoning demand from EVs and Offshore Wind