Petards Group (LON:PEG) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Petards Group plc (LON:PEG) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 8.15 ($0.10) and traded as low as GBX 7.60 ($0.10). Petards Group shares last traded at GBX 8.25 ($0.10), with a volume of 20,001 shares changing hands.

Petards Group Stock Performance

The firm has a fifty day simple moving average of GBX 7.73 and a 200 day simple moving average of GBX 8.15. The company has a current ratio of 0.96, a quick ratio of 1.35 and a debt-to-equity ratio of 27.67. The stock has a market cap of £5.11 million, a price-to-earnings ratio of -2.86 and a beta of 0.81.

Insider Activity

In other Petards Group news, insider John Wakefield bought 78,000 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were acquired at an average cost of GBX 8 ($0.10) per share, for a total transaction of £6,240 ($7,883.77). 53.70% of the stock is currently owned by company insiders.

About Petards Group

Petards Group plc, together with its subsidiaries, develops, supplies, and maintains technologies used in advanced security, surveillance, and ruggedized electronic applications in the United Kingdom, Continental Europe, and internationally. It offers rail technology solutions, such as eyeTrain, a solution for digital on-train surveillance subsystem; and RTS, a solution that provides safety for railway infrastructures by supporting rail companies and sub-contractors with resources, assets, safety, and failure management software.