Pensana (LON:PRE) Trading Down 4.3% – Time to Sell?

Pensana Plc (LON:PRE)’s stock price dropped 4.3% during mid-day trading on Friday . The company traded as low as GBX 22 ($0.28) and last traded at GBX 22 ($0.28). Approximately 661,988 shares traded hands during mid-day trading, a decline of 10% from the average daily volume of 734,415 shares. The stock had previously closed at GBX 23 ($0.29).

Pensana Price Performance

The stock has a market capitalization of £81.32 million, a P/E ratio of -16.54 and a beta of 0.68. The stock’s fifty day moving average is GBX 25.14 and its 200-day moving average is GBX 22.12. The company has a debt-to-equity ratio of 21.17, a current ratio of 0.15 and a quick ratio of 1.03.

Insider Buying and Selling

In other news, insider Paul Campbell Atherley purchased 10,000 shares of the firm’s stock in a transaction on Thursday, January 23rd. The stock was bought at an average cost of GBX 29 ($0.37) per share, for a total transaction of £2,900 ($3,650.09). Also, insider Robert Kaplan sold 315,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of GBX 26 ($0.33), for a total transaction of £81,900 ($103,083.70). 38.68% of the stock is currently owned by corporate insiders.

Pensana Company Profile

Building the world’s first sustainable magnet metal supply chain to meet the burgeoning demand from EVs and Offshore Wind