Pensana (LON:PRE) Trading Down 6.1% - Here's What Happened

Pensana Plc (LON:PRE - Get Free Report) fell 6.1% during mid-day trading on Wednesday . The company traded as low as GBX 48 ($0.65) and last traded at GBX 49 ($0.67). 1,204,750 shares changed hands during trading, an increase of 22% from the average session volume of 985,810 shares. The stock had previously closed at GBX 52.20 ($0.71).

Pensana Trading Up 8.3%

The business's 50 day moving average price is GBX 37.18 and its 200-day moving average price is GBX 28.78. The company has a current ratio of 0.15, a quick ratio of 1.03 and a debt-to-equity ratio of 21.17. The company has a market cap of £201.81 million, a price-to-earnings ratio of -41.05 and a beta of 0.68.

Insider Activity at Pensana

In related news, insider Robert Kaplan sold 120,000 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of GBX 35 ($0.48), for a total transaction of £42,000 ($57,026.48). Also, insider Paul Campbell Atherley purchased 20,000 shares of the company's stock in a transaction that occurred on Friday, March 21st. The shares were purchased at an average cost of GBX 30 ($0.41) per share, for a total transaction of £6,000 ($8,146.64). In the last three months, insiders have sold 320,000 shares of company stock valued at $11,200,000. 38.68% of the stock is owned by insiders.

Pensana Company Profile

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