Petards Group (LON:PEG) Trading Down 27.5% – What’s Next?

Petards Group plc (LON:PEG)’s share price dropped 27.5% during trading on Thursday . The company traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.80 ($0.07). Approximately 144,766 shares changed hands during mid-day trading, an increase of 142% from the average daily volume of 59,921 shares. The stock had previously closed at GBX 8 ($0.10).

Petards Group Stock Up 2.3 %

The firm has a 50-day moving average of GBX 8.19 and a two-hundred day moving average of GBX 8.09. 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 firm has a market cap of £4.04 million, a price-to-earnings ratio of -221.67 and a beta of 0.81.

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.