Pensana (LON:PRE) Trading Down 4% - Should You Sell?

Key Points

• Pensana Plc's stock price decreased by 4% on Monday, trading at GBX 66.80 ($0.89) after reaching a low of GBX 65.21 ($0.87).
• The company's market cap stands at £251.34 million, with a price-to-earnings ratio of -51.13, indicating potential financial concerns.
• Insider Robert Kaplan sold 120,000 shares at an average price of GBX 35 ($0.47) as insiders own 38.68% of the company's stock.

Pensana Plc (LON:PRE - Get Free Report) shares traded down 4% on Monday . The stock traded as low as GBX 65.21 ($0.87) and last traded at GBX 66.80 ($0.89). 621,574 shares were traded during trading, a decline of 36% from the average session volume of 975,928 shares. The stock had previously closed at GBX 69.60 ($0.93).

Pensana Price Performance

The company has a debt-to-equity ratio of 21.17, a quick ratio of 1.03 and a current ratio of 0.15. The stock has a market capitalization of £258.74 million, a PE ratio of -52.63 and a beta of 0.68. The stock's 50 day moving average is GBX 64.05 and its two-hundred day moving average is GBX 40.39.

Insider Activity at Pensana

In other news, insider Robert Kaplan sold 120,000 shares of Pensana stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of GBX 35 ($0.47), for a total value of £42,000 ($56,104.73). 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