Pennant International Group (LON:PEN) Sets New 12-Month High – Here’s What Happened

Pennant International Group plc (LON:PEN)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 31 and last traded at GBX 28, with a volume of 13615 shares changing hands. The stock had previously closed at GBX 30.10.

Pennant International Group Stock Down 7.0%

The firm’s 50 day moving average is GBX 25.52 and its 200-day moving average is GBX 21.95. The firm has a market cap of £13.34 million, a PE ratio of -5.56 and a beta of 0.15. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 27.57.

Insiders Place Their Bets

In other Pennant International Group news, insider Jon Kempster purchased 50,000 shares of Pennant International Group stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of GBX 20 per share, with a total value of £10,000. Company insiders own 37.03% of the company’s stock.

Pennant International Group Company Profile

Pennant, Maximising Operational Efficiency.

Pennant ensures systems are where they are needed, when they are needed and that they work, by providing systems support and training solutions to defence departments and major OEMs worldwide to maximise operational and maintenance efficiency. Other industries include space, aerospace, rail and shipping.

Pennant has an impressive portfolio that includes system support software (GenS, Analyzer and R4i) utilising one single source of truth database, technology led training systems covering software-based solutions, generic training devices and bespoke engineering, as well as technical services covering consultancy and technical documentation.

Today, Pennant has become a firmly established world leading supplier of systems support, technical services and training solutions, supported by a global innovative team working in offices in Europe, North America and Indo-Pacific.