Petards Group (LON:PEG) Shares Cross Above Fifty Day Moving Average – What’s Next?

Petards Group plc (LON:PEG) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 8.08 ($0.11) and traded as high as GBX 8.75 ($0.12). Petards Group shares last traded at GBX 8.53 ($0.12), with a volume of 318 shares traded.

Petards Group Trading Down 2.6%

The firm has a market capitalization of £5.28 million, a P/E ratio of -2.95 and a beta of 0.81. The stock’s 50-day simple moving average is GBX 8.08 and its two-hundred day simple moving average is GBX 7.63. The company has a debt-to-equity ratio of 27.67, a current ratio of 0.96 and a quick ratio of 1.35.

Petards Group (LON:PEG) last posted its quarterly earnings results on Monday, June 23rd. The company reported GBX (1.91) (($0.03)) earnings per share for the quarter. Petards Group had a negative return on equity of 24.32% and a negative net margin of 17.77%. Equities research analysts expect that Petards Group plc will post 1 EPS for the current year.

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.