Petards Group (LON:PEG) Stock Passes Below 50 Day Moving Average – What’s Next?

Petards Group plc (LON:PEG)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 11.01 and traded as low as GBX 10.59. Petards Group shares last traded at GBX 11.69, with a volume of 29,422 shares.

Petards Group Stock Performance

The company’s 50-day simple moving average is GBX 11.08 and its 200 day simple moving average is GBX 9.44. The company has a current ratio of 0.85, a quick ratio of 1.35 and a debt-to-equity ratio of 37.51. The stock has a market cap of £7.18 million, a P/E ratio of -14.98 and a beta of 0.81.

Insider Activity at Petards Group

In related news, insider Geraint Davies purchased 100,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were bought at an average price of GBX 1,025 per share, with a total value of £1,025,000. Company insiders own 40.68% of the company’s stock.

Petards Group Company Profile

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.