Pennant International Group (LON:PEN) Shares Pass Below Two Hundred Day Moving Average of $93.96

Pennant International Group plc (LON:PEN)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $93.96 and traded as low as $80.00. Pennant International Group shares last traded at $80.00, with a volume of 5,762 shares traded.

The stock has a market cap of $29.25 million and a price-to-earnings ratio of 9.31. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.44 and a current ratio of 1.98. The stock’s 50-day simple moving average is GBX 69.83 and its two-hundred day simple moving average is GBX 93.96.

In related news, insider David Joseph Clements acquired 8,625 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were bought at an average price of GBX 58 ($0.76) per share, for a total transaction of £5,002.50 ($6,536.65). Also, insider John Ponsonby acquired 13,655 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were bought at an average price of GBX 73 ($0.95) per share, for a total transaction of £9,968.15 ($13,025.15).

Pennant International Group Company Profile (LON:PEN)

Pennant International Group plc, through its subsidiaries, provides integrated training and support solutions, products, and services in the United Kingdom, North America, and Australasia. The company offers generic training equipment, including hydraulic systems principles, generic flying controls, generic hand skill, integrated avionics maintenance, and basic flying control rod trainers, as well as wiring boards for use in aeronautical engineering colleges and academies.

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