Pennant International Group (LON:PEN) Sets New 12-Month High – Time to Buy?

Shares of Pennant International Group plc (LON:PEN) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 31 and last traded at GBX 29.80, with a volume of 65633 shares. The stock had previously closed at GBX 29.50.

Pennant International Group Stock Performance

The company has a debt-to-equity ratio of 27.57, a quick ratio of 0.60 and a current ratio of 0.65. The business’s 50-day moving average is GBX 26.24 and its 200-day moving average is GBX 22.24. The company has a market capitalization of £14.19 million, a PE ratio of -5.91 and a beta of 0.15.

Insider Activity

In related news, insider Jon Kempster purchased 50,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of GBX 20 per share, with a total value of £10,000. Insiders own 37.03% of the company’s stock.

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.

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.