Pendragon (LON:PDG) Stock Price Passes Above Two Hundred Day Moving Average of $33.77

Pendragon PLC (LON:PDG) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 33.77 ($0.42) and traded as high as GBX 36.05 ($0.45). Pendragon shares last traded at GBX 35.55 ($0.44), with a volume of 773,953 shares changing hands.

Pendragon Stock Up 0.1 %

The company’s 50-day moving average is GBX 35.55 and its 200 day moving average is GBX 33.77. The stock has a market capitalization of £618.57 million, a PE ratio of 1,185.00 and a beta of 0.35. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 143.02.

Insider Transactions at Pendragon

In related news, insider Mark Simon Willis sold 7,755,049 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of GBX 36 ($0.44), for a total value of £2,791,817.64 ($3,448,391.35). Insiders own 25.07% of the company’s stock.

About Pendragon

Pendragon PLC, together with its subsidiaries, operates in the automotive retail sector in the United Kingdom. The company operates through three segments: UK Motor, Software, and Leasing segments. Its UK Motor segment includes sale and servicing of vehicles in the UK; Software segment includes Licencing of Software as a Service to global automotive business users; and Leasing segment includes provision of fleet and contract hire.