Petards Group (LON:PEG) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Petards Group plc (LON:PEGGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 10.44 and traded as low as GBX 10. Petards Group shares last traded at GBX 10, with a volume of 684,482 shares.

Petards Group Stock Up 2.4%

The business has a 50-day moving average of GBX 9.93 and a 200-day moving average of GBX 10.45. The company has a debt-to-equity ratio of 40.27, a quick ratio of 1.35 and a current ratio of 0.83. The stock has a market capitalization of £6.37 million, a price-to-earnings ratio of -15.67 and a beta of 0.23.

About Petards Group

(Get Free Report)

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.

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