Pensana (LON:PRE) Trading Up 11.7% - Still a Buy?

Shares of Pensana Plc (LON:PRE - Get Free Report) were up 11.7% during trading on Friday . The company traded as high as GBX 26 ($0.33) and last traded at GBX 25.70 ($0.33). Approximately 1,286,739 shares were traded during trading, an increase of 35% from the average daily volume of 950,389 shares. The stock had previously closed at GBX 23 ($0.29).

Pensana Stock Performance

The company has a market capitalization of £121.98 million, a P/E ratio of -24.81 and a beta of 0.68. The company's 50 day moving average is GBX 23.43 and its 200-day moving average is GBX 24.41. The company has a current ratio of 0.15, a quick ratio of 1.03 and a debt-to-equity ratio of 21.17.

Insider Buying and Selling at Pensana

In other news, insider Paul Campbell Atherley purchased 20,000 shares of Pensana stock in a transaction that occurred on Friday, March 21st. The stock was bought at an average price of GBX 30 ($0.38) per share, with a total value of £6,000 ($7,666.75). Also, insider Robert Kaplan sold 125,000 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of GBX 21 ($0.27), for a total transaction of £26,250 ($33,542.04). Over the last quarter, insiders acquired 430,000 shares of company stock valued at $9,690,000. Corporate insiders own 38.68% of the company's stock.

Pensana Company Profile

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