Pennant International Group (LON:PEN) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Pennant International Group plc (LON:PEN) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 26.32 ($0.33) and traded as low as GBX 26.10 ($0.33). Pennant International Group shares last traded at GBX 26.10 ($0.33), with a volume of 90,648 shares trading hands.

Pennant International Group Price Performance

The company has a debt-to-equity ratio of 28.34, a quick ratio of 0.60 and a current ratio of 0.77. The business’s fifty day simple moving average is GBX 27.59 and its 200 day simple moving average is GBX 26.32. The stock has a market cap of £11.30 million, a price-to-earnings ratio of -10.35 and a beta of 0.87.

Insider Activity

In related news, insider Darren Wiggins purchased 33,274 shares of Pennant International Group stock in a transaction dated Monday, February 3rd. The shares were acquired at an average price of GBX 26 ($0.33) per share, with a total value of £8,651.24 ($10,913.64). Company insiders own 38.93% of the company’s stock.

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.