Pebble Beach Systems Group (LON:PEB) Trading 10.4% Higher After Insider Buying Activity

Pebble Beach Systems Group plc (LON:PEB) rose 10.4% during mid-day trading on Monday following insider buying activity. The stock traded as high as GBX 18.84 and last traded at GBX 18.40. Approximately 897,365 shares changed hands during mid-day trading, an increase of 320% from the average daily volume of 213,812 shares. The stock had previously closed at GBX 16.67.

Specifically, insider Tom Crawford bought 26,562 shares of the business’s stock in a transaction that occurred on Monday, February 16th. The shares were purchased at an average cost of GBX 1,881 per share, with a total value of £499,631.22. Also, insider Tom Crawford purchased 27,765 shares of the firm’s stock in a transaction on Monday, February 16th. The stock was acquired at an average cost of GBX 1,799 per share, with a total value of £499,492.35. In related news, insider Tom Crawford acquired 12,736 shares of Pebble Beach Systems Group stock in a transaction dated Monday, February 16th. The shares were acquired at an average cost of GBX 1,881 per share, for a total transaction of £239,564.16.

Pebble Beach Systems Group Stock Down 2.8%

The firm’s fifty day simple moving average is GBX 19.14 and its 200 day simple moving average is GBX 17.21. The company has a current ratio of 0.60, a quick ratio of 0.66 and a debt-to-equity ratio of 452.41. The company has a market cap of £25.42 million, a price-to-earnings ratio of -22.69 and a beta of 0.71.

Pebble Beach Systems Group Company Profile

Pebble Beach Systems Group plc designs and delivers automation, integrated channel, and virtualized playout solutions for the broadcast and streaming service markets worldwide. It also provides Automation Lite, a simpler software offering that allow control of up to six channels; Playout in a box, a compact playout solution; Pebble Remote, a solution that provides real-time access to the playout environment; Pebble Control, a solution that offers connection management of IP devices for TV stations, OB trucks, and production houses; and Orchestration solutions.