Panther Securities (LON:PNS) Stock Price Down 5.9% – Here’s Why

Panther Securities PLC (LON:PNS) dropped 5.9% during mid-day trading on Thursday . The company traded as low as GBX 301.20 ($3.68) and last traded at GBX 301.20 ($3.68). Approximately 2,000 shares changed hands during trading, a decline of 26% from the average daily volume of 2,716 shares. The stock had previously closed at GBX 320 ($3.91).

Panther Securities Price Performance

The company’s 50 day moving average price is GBX 318.41 and its 200 day moving average price is GBX 314.13. The company has a debt-to-equity ratio of 62.22, a quick ratio of 0.89 and a current ratio of 0.94. The company has a market cap of £55.81 million, a price-to-earnings ratio of 8,000.00 and a beta of 0.18.

Insider Buying and Selling at Panther Securities

In other Panther Securities news, insider Andrew Perloff acquired 300,000 shares of Panther Securities stock in a transaction on Thursday, October 17th. The shares were bought at an average price of GBX 330 ($4.03) per share, with a total value of £990,000 ($1,208,791.21). Company insiders own 90.50% of the company’s stock.

About Panther Securities

Panther Securities PLC ("the Company" or "the Group") is a property investment company quoted on the AIM market (AIM). Prior to 31 December 2013 the Company was fully listed and included in the FTSE fledgling index. It was first fully listed as a public company in 1934. The Group currently owns and manages over 900 individual property units within over 120 separately designated buildings over the mainland United Kingdom. The Group specialises in property investing and managing of good secondary retail, industrial units and offices, and also owns and manages many residential flats in several town centre locations.