Pennant International Group (LON:PEN) Sets New 1-Year Low – Should You Sell?

Pennant International Group plc (LON:PEN)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 19 and last traded at GBX 20.88, with a volume of 100691 shares changing hands. The stock had previously closed at GBX 19.62.

Pennant International Group Trading Up 6.4%

The firm’s 50-day simple moving average is GBX 20.33 and its 200 day simple moving average is GBX 22.53. The stock has a market cap of £9.93 million, a P/E ratio of -1.99 and a beta of 0.87. The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 28.34.

Insider Transactions at Pennant International Group

In other Pennant International Group news, insider David Joseph Clements bought 40,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were purchased at an average cost of GBX 21 per share, for a total transaction of £8,400. 36.98% of the stock is owned by company insiders.

Pennant International Group Company Profile

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.