Pennant International Group (LON:PEN) Shares Up 7.9% – Time to Buy?

Shares of Pennant International Group plc (LON:PEN) were up 7.9% during trading on Tuesday . The stock traded as high as GBX 29.64 ($0.38) and last traded at GBX 29.14 ($0.37). Approximately 205,993 shares were traded during trading, an increase of 161% from the average daily volume of 78,850 shares. The stock had previously closed at GBX 27 ($0.34).

Pennant International Group Price Performance

The company has a quick ratio of 0.60, a current ratio of 0.77 and a debt-to-equity ratio of 33.41. The stock has a market capitalization of £12.60 million, a PE ratio of -900.00 and a beta of 0.87. The stock’s 50-day moving average is GBX 25.59 and its 200 day moving average is GBX 25.57.

Insider Activity

In other Pennant International Group news, insider Klaas van der Leest bought 42,500 shares of Pennant International Group stock in a transaction on Monday, September 23rd. The stock was purchased at an average cost of GBX 24 ($0.30) per share, for a total transaction of £10,200 ($12,929.40). 38.93% of the stock is currently owned by corporate insiders.

Pennant International Group Company Profile

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.