Pennant International Group (LON:PEN) Trading Up 1.8% – Still a Buy?

Pennant International Group plc (LON:PEN)’s share price shot up 1.8% during mid-day trading on Thursday . The company traded as high as GBX 29.75 ($0.38) and last traded at GBX 29 ($0.37). 102,500 shares were traded during trading, an increase of 31% from the average session volume of 78,166 shares. The stock had previously closed at GBX 28.50 ($0.36).

Pennant International Group Price Performance

The company’s 50-day moving average price is GBX 26.47 and its 200 day moving average price is GBX 25.49. The company has a debt-to-equity ratio of 33.41, a quick ratio of 0.60 and a current ratio of 0.77. The stock has a market cap of £12.54 million, a PE ratio of -966.67 and a beta of 0.87.

Insider Activity at Pennant International Group

In other news, insider Klaas van der Leest bought 42,500 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was bought at an average price of GBX 24 ($0.30) per share, with a total value of £10,200 ($12,873.91). 38.93% of the stock is owned by company 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.