Pennant International Group (LON:PEN) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Pennant International Group plc (LON:PEN) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 26.32 ($0.33) and traded as low as GBX 26.10 ($0.33). Pennant International Group shares last traded at GBX 26.10 ($0.33), with a volume of 90,648 shares trading hands.

Pennant International Group Trading Down 1.4 %

The firm’s fifty day moving average price is GBX 27.59 and its 200-day moving average price is GBX 26.32. The company has a market cap of £11.30 million, a price-to-earnings ratio of -10.35 and a beta of 0.87. The company has a debt-to-equity ratio of 28.34, a current ratio of 0.77 and a quick ratio of 0.60.

Insiders Place Their Bets

In other Pennant International Group news, insider Darren Wiggins purchased 33,274 shares of Pennant International Group stock in a transaction on Monday, February 3rd. The stock was bought at an average price of GBX 26 ($0.33) per share, for a total transaction of £8,651.24 ($10,913.64). 38.93% of the stock is owned by 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.