Petards Group (LON:PEG) Sets New 12-Month High – Still a Buy?

Petards Group plc (LON:PEG) hit a new 52-week high on Tuesday . The stock traded as high as GBX 12.50 and last traded at GBX 12.30, with a volume of 96270 shares changing hands. The stock had previously closed at GBX 11.75.

Petards Group Stock Up 4.7%

The firm has a fifty day moving average of GBX 10.22 and a 200-day moving average of GBX 8.80. 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 firm has a market cap of £7.47 million, a P/E ratio of -15.57 and a beta of 0.81.

Insider Transactions at Petards Group

In other Petards Group news, insider Geraint Davies purchased 100,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were acquired at an average cost of GBX 1,025 per share, with a total value of £1,025,000. 40.52% of the stock is owned by company insiders.

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.