Panther Securities (LON:PNS) Shares Break Below 50-Day Moving Average – Time to Sell?

Panther Securities PLC (LON:PNS) shares crossed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 292.45 and traded as low as GBX 278.60. Panther Securities shares last traded at GBX 278.60, with a volume of 225 shares trading hands.

Panther Securities Price Performance

The company has a market capitalization of £50.18 million, a price-to-earnings ratio of 16.76 and a beta of 0.02. The company has a debt-to-equity ratio of 53.11, a current ratio of 1.39 and a quick ratio of 0.89. The firm’s 50-day simple moving average is GBX 292.04 and its two-hundred day simple moving average is GBX 292.97.

Panther Securities (LON:PNS) last announced its quarterly earnings results on Tuesday, September 22nd. The company reported GBX 14.90 earnings per share for the quarter. Panther Securities had a return on equity of 2.55% and a net margin of 19.49%.

About Panther Securities

Panther Securities PLC ("the Company" or "the Group") is a property investment company quoted on the AIM market (AIM). Prior to 31 December 2013 the Company was fully listed and included in the FTSE fledgling index. It was first fully listed as a public company in 1934. The Group currently owns and manages over 900 individual property units within over 120 separately designated buildings over the mainland United Kingdom. The Group specialises in property investing and managing of good secondary retail, industrial units and offices, and also owns and manages many residential flats in several town centre locations.