Pennant International Group (LON:PEN) Hits New 12-Month High – Should You Buy?

Pennant International Group plc (LON:PEN) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 31 and last traded at GBX 29.44, with a volume of 346178 shares trading hands. The stock had previously closed at GBX 29.

Pennant International Group Trading Up 3.1%

The stock has a market capitalization of £14.48 million, a P/E ratio of -6.03 and a beta of 0.18. The stock’s fifty day moving average price is GBX 28.21 and its 200 day moving average price is GBX 23.41. The company has a debt-to-equity ratio of 27.57, a current ratio of 0.65 and a quick ratio of 0.60.

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.