Paragon Entertainment (LON:PEL) Shares Down 4.2% – Here’s Why

Paragon Entertainment Ltd (LON:PELGet Free Report)’s share price dropped 4.2% on Wednesday . The company traded as low as GBX 1.11 ($0.01) and last traded at GBX 1.15 ($0.01). Approximately 100,000 shares were traded during trading, a decline of 87% from the average daily volume of 742,209 shares. The stock had previously closed at GBX 1.20 ($0.02).

Paragon Entertainment Stock Performance

The business has a fifty day simple moving average of GBX 1.15 and a two-hundred day simple moving average of GBX 1.15. The company has a market cap of £2.37 million and a PE ratio of -0.96. The company has a debt-to-equity ratio of 65.09, a current ratio of 0.82 and a quick ratio of 0.81.

About Paragon Entertainment

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Paragon Entertainment Limited creates, develops, and operates visitor attractions worldwide. The company operates through two segments, Design and Build, and Products. Its services include design development, interactive engineering, graphic design, rockwork, props and figures, model making, fit-out, scenic and theming, joinery, GRP production, metalwork, maintenance, solid surfacing, project services, creative technical design, and robotic arm.

Further Reading

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