Petards Group (LON:PEG) Sets New 1-Year High – Still a Buy?

Petards Group plc (LON:PEG)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 11.50 and last traded at GBX 11.50, with a volume of 48064 shares. The stock had previously closed at GBX 10.50.

Petards Group Price Performance

The company has a market cap of £6.98 million, a PE ratio of -14.56 and a beta of 0.81. The company’s 50-day simple moving average is GBX 10.07 and its 200 day simple moving average is GBX 8.72. The company has a debt-to-equity ratio of 27.67, a quick ratio of 1.35 and a current ratio of 0.96.

Insider Activity

In other Petards Group news, insider Geraint Davies purchased 100,000 shares of Petards Group stock in a transaction that occurred on Thursday, February 12th. The stock was purchased at an average price of GBX 1,025 per share, for a total transaction of £1,025,000. 40.52% of the stock is currently owned by company insiders.

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.