Petards Group (LON:PEG) Stock Crosses Above 50-Day Moving Average – What’s Next?

Petards Group plc (LON:PEG)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 9.72 and traded as high as GBX 10.25. Petards Group shares last traded at GBX 10.10, with a volume of 53,363 shares changing hands.

Petards Group Stock Performance

The firm has a market cap of £6.13 million, a PE ratio of -15.07 and a beta of 0.23. The business has a 50 day simple moving average of GBX 9.72 and a two-hundred day simple moving average of GBX 10.42. The company has a quick ratio of 1.35, a current ratio of 0.83 and a debt-to-equity ratio of 40.27.

Petards Group (LON:PEG) last issued its earnings results on Wednesday, April 15th. The company reported GBX (0.67) earnings per share (EPS) for the quarter. The company had revenue of GBX 1,495 million for the quarter. Petards Group had a negative net margin of 2.72% and a negative return on equity of 6.73%. As a group, equities research analysts forecast that Petards Group plc will post 1 earnings per share for the current fiscal 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.