Pensana (LON:PRE) Shares Down 5.3% – Time to Sell?

Pensana Plc (LON:PREGet Free Report) shares fell 5.3% on Tuesday . The company traded as low as GBX 23 ($0.28) and last traded at GBX 23 ($0.28). 910,544 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 738,064 shares. The stock had previously closed at GBX 24.30 ($0.30).

Pensana Stock Performance

The stock’s 50 day moving average price is GBX 25.92 and its 200-day moving average price is GBX 21.10. The company has a market cap of £71.85 million, a PE ratio of -2,475.30 and a beta of 0.68.

Insider Buying and Selling at Pensana

In other Pensana news, insider Robert Kaplan sold 315,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of GBX 26 ($0.32), for a total value of £81,900 ($100,824.82). Company insiders own 38.68% of the company’s stock.

About Pensana

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Building the world’s first sustainable magnet metal supply chain to meet the burgeoning demand from EVs and Offshore Wind

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