Pantheon International (LON:PIN) Stock Breaks Below 200-Day Moving Average – Here’s Why

Pantheon International PLC (LON:PIN)’s stock price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 386.65 and traded as low as GBX 376.50. Pantheon International shares last traded at GBX 379.50, with a volume of 856,547 shares.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Pantheon International in a report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Pantheon International Price Performance

The company has a fifty day simple moving average of GBX 389.67 and a 200-day simple moving average of GBX 386.63. The company has a market cap of £1.44 billion, a P/E ratio of 36.33 and a beta of 0.81. The company has a debt-to-equity ratio of 11.23, a current ratio of 2.81 and a quick ratio of 37.81.

Pantheon International (LON:PIN) last released its quarterly earnings data on Tuesday, August 4th. The investment trust reported GBX 3.70 earnings per share for the quarter. Pantheon International had a return on equity of 2.08% and a net margin of 47.67%.

About Pantheon International

Pantheon International Plc (PIN) is an investment trust that provides investors with differentiated access to a global, diversified portfolio of private equity-backed companies through a flexible and active investment approach. Through its commitments to some of the world’s best private equity managers that might otherwise be inaccessible to individual investors, PIN makes the private, public.

Launched in 1987 and a constituent of the FTSE 250, PIN is a company of scale and one of the longest established private equity funds on the London Stock Exchange.