Pennant International Group (LON:PEN) Stock Price Up 7.9% – Still a Buy?

Pennant International Group plc (LON:PEN)’s share price rose 7.9% on Tuesday . The company traded as high as GBX 29.64 ($0.38) and last traded at GBX 29.14 ($0.37). Approximately 205,993 shares traded hands during mid-day trading, an increase of 161% from the average daily volume of 78,850 shares. The stock had previously closed at GBX 27 ($0.34).

Pennant International Group Price Performance

The company has a debt-to-equity ratio of 33.41, a current ratio of 0.77 and a quick ratio of 0.60. The business’s fifty day moving average price is GBX 25.64 and its 200-day moving average price is GBX 25.57. The stock has a market capitalization of £11.91 million, a price-to-earnings ratio of -916.67 and a beta of 0.87.

Insider Buying and Selling at Pennant International Group

In related news, insider Klaas van der Leest acquired 42,500 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were acquired at an average cost of GBX 24 ($0.30) per share, for a total transaction of £10,200 ($12,906.49). Company insiders own 38.93% of the company’s stock.

About Pennant International Group

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.