Petards Group (LON:PEG) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Petards Group plc (LON:PEG) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 10.89 and traded as high as GBX 11. Petards Group shares last traded at GBX 9.55, with a volume of 8,200 shares changing hands.

Petards Group Trading Down 2.4%

The stock has a market cap of £6.07 million, a PE ratio of -14.93 and a beta of 0.24. The company has a debt-to-equity ratio of 40.27, a quick ratio of 1.35 and a current ratio of 0.83. The company’s 50-day moving average price is GBX 10.89 and its 200 day moving average price is GBX 10.18.

Petards Group (LON:PEG) last released its quarterly earnings results on Wednesday, April 15th. The company reported GBX (0.67) EPS for the quarter. The firm had revenue of GBX 1,495 million for the quarter. Petards Group had a negative net margin of 2.72% and a negative return on equity of 6.73%. On average, sell-side analysts forecast that Petards Group plc will post 1 EPS for the current fiscal year.

Petards Group Company Profile

Petards Group plc, together with its subsidiaries, develops, supplies, and maintains technologies used in advanced security, surveillance, and ruggedized electronic applications in the United Kingdom, Continental Europe, and internationally. It offers rail technology solutions, such as eyeTrain, a solution for digital on-train surveillance subsystem; and RTS, a solution that provides safety for railway infrastructures by supporting rail companies and sub-contractors with resources, assets, safety, and failure management software.