Pensana (LON:PRE) Stock Price Down 15% – Here’s Why

Pensana Plc (LON:PRE)’s share price fell 15% on Wednesday . The company traded as low as GBX 29.10 ($0.38) and last traded at GBX 29.40 ($0.38). 7,600,220 shares changed hands during trading, an increase of 655% from the average session volume of 1,006,917 shares. The stock had previously closed at GBX 34.60 ($0.45).

Pensana Stock Performance

The company has a debt-to-equity ratio of 21.17, a quick ratio of 1.03 and a current ratio of 0.15. The stock has a fifty day simple moving average of GBX 23.80 and a two-hundred day simple moving average of GBX 23.38. The stock has a market capitalization of £95.36 million, a price-to-earnings ratio of -19.40 and a beta of 0.68.

Insider Transactions at Pensana

In other news, insider Paul Campbell Atherley bought 10,000 shares of the company’s stock in a transaction on Thursday, January 23rd. The shares were purchased at an average price of GBX 29 ($0.38) per share, with a total value of £2,900 ($3,760.37). Also, insider Robert Kaplan bought 400,000 shares of the company’s stock in a transaction on Friday, February 21st. The shares were purchased at an average cost of GBX 22 ($0.29) per share, for a total transaction of £88,000 ($114,107.88). Insiders own 38.68% of the company’s stock.

Pensana Company Profile

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