Pensana Plc (LON:PRE – Get Free Report) dropped 9.6% during mid-day trading on Wednesday . The stock traded as low as GBX 23.50 ($0.29) and last traded at GBX 23.50 ($0.29). Approximately 308,766 shares changed hands during trading, a decline of 57% from the average daily volume of 723,673 shares. The stock had previously closed at GBX 26 ($0.32).
Pensana Price Performance
The stock’s 50 day moving average is GBX 26.04 and its 200-day moving average is GBX 20.91. The company has a market capitalization of £68.21 million, a P/E ratio of -2,350.00 and a beta of 0.68.
Insiders Place Their Bets
In other news, insider Robert Kaplan sold 315,000 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of GBX 26 ($0.32), for a total transaction of £81,900 ($99,987.79). Company insiders own 38.68% of the company’s stock.
About Pensana
Building the world’s first sustainable magnet metal supply chain to meet the burgeoning demand from EVs and Offshore Wind
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