Pennant International Group (LON:PEN) Shares Up 1.8% – Time to Buy?

Pennant International Group plc (LON:PEN)’s share price rose 1.8% on Thursday . The company traded as high as GBX 29.75 ($0.38) and last traded at GBX 29 ($0.37). Approximately 102,500 shares changed hands during mid-day trading, an increase of 31% from the average daily volume of 78,166 shares. The stock had previously closed at GBX 28.50 ($0.36).

Pennant International Group Price Performance

The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 33.41. The firm’s 50-day moving average price is GBX 26.47 and its 200-day moving average price is GBX 25.49. The stock has a market capitalization of £12.54 million, a PE ratio of -966.67 and a beta of 0.87.

Insider Activity

In other Pennant International Group news, insider Klaas van der Leest bought 42,500 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was acquired at an average price of GBX 24 ($0.30) per share, for a total transaction of £10,200 ($12,873.91). Corporate insiders own 38.93% of the company’s stock.

About Pennant International Group

Pennant International Group plc, together with its subsidiaries, provides integrated training and support solutions, products, and services in the United Kingdom, rest of Europe, North America, and Australia. It offers generic trainers, such as generic fastener installation, hand skill, stores loading, and flying controls trainers; basic helicopter maintenance trainers; hydraulic system principles trainers; integrated avionics maintenance trainers; crew escape and safety trainers; and engine starting system trainers, as well as wiring boards.