Pensana (LON:PRE) Sets New 52-Week High - Time to Buy?

Key Points

• Pensana Plc shares reached a new 52-week high of GBX 169 ($2.25) during Tuesday's trading, reflecting a current trading price of GBX 168.50.
• The company has a market cap of £509.65 million and a very high P/E ratio of -9,258.24, indicating substantial financial implications.
• Pensana is focused on building the world's first sustainable magnet metal supply chain to meet the increasing demand from electric vehicles (EVs) and offshore wind energy sectors.

Shares of Pensana Plc (LON:PRE - ) reached a new 52-week high on Tuesday . The company traded as high as GBX 169 ($2.25) and last traded at GBX 168.50 ($2.25), with a volume of 6932281 shares changing hands. The stock had previously closed at GBX 165 ($2.20).

Pensana Stock Up 2.1%

The company has a debt-to-equity ratio of 21.17, a current ratio of 0.15 and a quick ratio of 1.03. The stock has a fifty day moving average price of GBX 111.89 and a two-hundred day moving average price of GBX 71.01. The company has a market cap of £509.65 million, a P/E ratio of -9,258.24 and a beta of 0.68.

About Pensana

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

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