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

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

Pennant International Group Price Performance

The company has a 50-day moving average of GBX 26.25 and a 200 day moving average of GBX 25.44. The company has a quick ratio of 0.60, a current ratio of 0.77 and a debt-to-equity ratio of 33.41. The stock has a market capitalization of £12.54 million, a PE ratio of -966.67 and a beta of 0.87.

Insider Transactions at Pennant International Group

In related news, insider Klaas van der Leest bought 42,500 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was bought at an average cost of GBX 24 ($0.30) per share, for a total transaction of £10,200 ($12,929.40). Insiders own 38.93% of the company’s stock.

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.