Pennant International Group (LON:PEN) Trading Up 14.1% – Should You Buy?

Shares of Pennant International Group plc (LON:PEN) rose 14.1% during trading on Monday . The stock traded as high as GBX 35.94 ($0.47) and last traded at GBX 33.10 ($0.43). Approximately 313,423 shares were traded during mid-day trading, an increase of 362% from the average daily volume of 67,864 shares. The stock had previously closed at GBX 29 ($0.38).

Pennant International Group Trading Up 7.9 %

The company has a 50 day moving average of GBX 27.46 and a 200 day moving average of GBX 26.85. The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 28.34. The firm has a market cap of £14.46 million, a price-to-earnings ratio of -13.25 and a beta of 0.87.

Insider Activity at Pennant International Group

In other Pennant International Group news, insider Darren Wiggins acquired 33,274 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was purchased at an average price of GBX 26 ($0.34) per share, for a total transaction of £8,651.24 ($11,200.47). 38.93% of the stock is owned by 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.