Petards Group (LON:PEG) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Petards Group plc (LON:PEG) passed below its 200-day moving average during trading on Friday . The stock has a 200-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 Trading Up 3.1 %

The stock has a market capitalization of £5.11 million, a P/E ratio of -2.86 and a beta of 0.81. The company has a debt-to-equity ratio of 27.67, a current ratio of 0.96 and a quick ratio of 1.35. The business’s 50 day simple moving average is GBX 7.73 and its 200-day simple moving average is GBX 8.15.

Insider Buying and Selling at Petards Group

In other Petards Group news, insider John Wakefield acquired 78,000 shares of Petards Group stock in a transaction on Thursday, February 6th. The shares were purchased at an average cost of GBX 8 ($0.10) per share, with a total value of £6,240 ($7,883.77). Insiders own 53.70% of the company’s stock.

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.