Pennant International Group (LON:PEN) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Pennant International Group plc (LON:PEN)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 21.24 and traded as high as GBX 22. Pennant International Group shares last traded at GBX 21.36, with a volume of 3,472 shares traded.

Pennant International Group Stock Down 2.9%

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 firm has a market cap of £10.16 million, a PE ratio of -2.03 and a beta of 0.87. The stock has a fifty day moving average price of GBX 20.40 and a 200-day moving average price of GBX 21.24.

Insider Transactions at Pennant International Group

In other Pennant International Group news, insider David Joseph Clements acquired 37,500 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was bought at an average cost of GBX 20 per share, for a total transaction of £7,500. 36.98% of the stock is currently owned by corporate insiders.

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.

Pennant has an impressive portfolio that includes system support software (GenS, Analyzer and R4i) utilising one single source of truth database, technology led training systems covering software-based solutions, generic training devices and bespoke engineering, as well as technical services covering consultancy and technical documentation.

Today, Pennant has become a firmly established world leading supplier of systems support, technical services and training solutions, supported by a global innovative team working in offices in Europe, North America and Indo-Pacific.