Pennant International Group (LON:PEN) Sets New 1-Year Low – Time to Sell?

Pennant International Group plc (LON:PEN)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 22 ($0.29) and last traded at GBX 25 ($0.33), with a volume of 1076935 shares. The stock had previously closed at GBX 26.50 ($0.34).

Pennant International Group Stock Performance

The company has a debt-to-equity ratio of 33.41, a quick ratio of 0.60 and a current ratio of 0.77. The company has a market cap of £11.43 million, a P/E ratio of -881.33 and a beta of 0.87. The firm has a 50 day moving average price of GBX 25.51 and a 200-day moving average price of GBX 25.71.

Insider Buying and Selling

In other news, insider Klaas van der Leest purchased 42,500 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were bought at an average price of GBX 24 ($0.31) per share, with a total value of £10,200 ($13,277.79). Corporate insiders own 38.93% of the company’s stock.

About Pennant International Group

Pennant International Group plc, together with its subsidiaries, provides integrated training and support solutions, products, and services in the United Kingdom, rest of Europe, North America, and Australia. It offers generic trainers, such as generic fastener installation, hand skill, stores loading, and flying controls trainers; basic helicopter maintenance trainers; hydraulic system principles trainers; integrated avionics maintenance trainers; crew escape and safety trainers; and engine starting system trainers, as well as wiring boards.