Pebble Beach Systems Group (LON:PEB) Shares Down 4.5% – Should You Sell?

Pebble Beach Systems Group plc (LON:PEB)’s share price fell 4.5% on Friday . The stock traded as low as GBX 10.50 ($0.13) and last traded at GBX 10.50 ($0.13). 43,780 shares were traded during mid-day trading, a decline of 70% from the average session volume of 143,633 shares. The stock had previously closed at GBX 11 ($0.14).

Pebble Beach Systems Group Stock Performance

The company has a debt-to-equity ratio of 452.41, a current ratio of 0.60 and a quick ratio of 0.66. The company has a market cap of £13.07 million, a price-to-earnings ratio of 1,050.00 and a beta of 0.71. The firm has a 50 day simple moving average of GBX 10.35 and a 200-day simple moving average of GBX 11.37.

Insiders Place Their Bets

In other news, insider Chris Errington purchased 5,500,000 shares of the firm’s stock in a transaction on Thursday, October 24th. The shares were bought at an average cost of GBX 10 ($0.13) per share, for a total transaction of £550,000 ($693,131.70). 44.72% of the stock is currently owned by insiders.

Pebble Beach Systems Group Company Profile

Pebble Beach Systems Group plc designs and delivers automation, integrated channel, and virtualized playout solutions for the broadcast and streaming service markets worldwide. It also provides Automation Lite, a simpler software offering that allow control of up to six channels; Playout in a box, a compact playout solution; Pebble Remote, a solution that provides real-time access to the playout environment; Pebble Control, a solution that offers connection management of IP devices for TV stations, OB trucks, and production houses; and Orchestration solutions.