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Pensana (LON:PRE) Stock Price Down 9.6% - Time to Sell?

Pensana logo with Basic Materials background

Pensana Plc (LON:PRE - Get Free Report) shares traded down 9.6% during mid-day trading on Wednesday . The stock traded as low as GBX 23.50 ($0.29) and last traded at GBX 23.50 ($0.29). 308,766 shares changed hands during trading, a decline of 57% from the average session volume of 723,673 shares. The stock had previously closed at GBX 26 ($0.32).

Pensana Trading Down 9.6 %

The stock has a 50 day simple moving average of GBX 26.04 and a 200 day simple moving average of GBX 20.91. The firm has a market capitalization of £68.21 million, a PE ratio of -2,350.00 and a beta of 0.68.

Insider Transactions at Pensana

In other news, insider Robert Kaplan sold 315,000 shares of the stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of GBX 26 ($0.32), for a total transaction of £81,900 ($99,987.79). Company insiders own 38.68% of the company's stock.

About Pensana

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Building the world's first sustainable magnet metal supply chain to meet the burgeoning demand from EVs and Offshore Wind

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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