Petards Group (LON:PEG) Shares Down 3.2% – Here’s Why

Petards Group plc (LON:PEG)’s stock price traded down 3.2% during mid-day trading on Friday . The company traded as low as GBX 7.50 ($0.10) and last traded at GBX 7.50 ($0.10). 20,000 shares were traded during mid-day trading, a decline of 67% from the average session volume of 60,890 shares. The stock had previously closed at GBX 7.75 ($0.10).

Petards Group Trading Down 3.4%

The company has a quick ratio of 1.35, a current ratio of 0.96 and a debt-to-equity ratio of 27.67. The business’s 50 day moving average is GBX 8.30 and its 200-day moving average is GBX 7.80. The firm has a market cap of £4.25 million, a P/E ratio of -886.08 and a beta of 0.81.

Petards Group (LON:PEG) last issued its quarterly earnings results on Thursday, September 18th. The company reported GBX (0.51) earnings per share (EPS) for the quarter. Petards Group had a negative return on equity of 24.32% and a negative net margin of 17.77%. As a group, analysts forecast that Petards Group plc will post 1 earnings per share for the current fiscal year.

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.